In Daily time frame, the price got supported by a short term channel bottom line.
Slow Stoch and RSI both are in a over sold level, crossed and turned to North.
The price would turn to North and moving in a big sideway channel. Stop long trade if the price break out the short term channel bottom line area.
Slow Stoch and RSI both are in a over sold level, crossed and turned to North.
The price would turn to North and moving in a big sideway channel. Stop long trade if the price break out the short term channel bottom line area.
Comentário:
Continue long, the first profit target should be triggered, since the power to North still strong, keeping the long tread and set prevent profit stop.
Trade fechado: stop atingido:
Long trade closed by stop triggered
Trade ativo:
The price standing back to the channel bottom line area, try to open long order again.
Comentário:
Long as expection, Continue long