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LUNC - Trend-Following Setup!
Terra Classic / Tether
Viés de alta
LUNC - Trend-Following Setup!
Por TheSignalyst
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12 de set. de 2022
6
4
20
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Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
LUNC is overall bullish
trading above our brown trendline acting as a non-horizontal support.
Since LUNC is sitting around our brown trendline, we will be looking for trend-following buy setups.
on H1: LUNC formed a valid trendline
in orange but it is not ready to go yet.
Trigger =>
for the bulls to take over, we need a momentum candle close above the last high in gray.
We would be overall bullish,
unless
the bears manage to break below the green support zone.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
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