Hello,
Ascendind support line (purple) and MA100 intersects around 27-30 area, and this is a strong support for our bullish trend. That's my buy zone. If the price reverse from this area, we can buy above it.
Otherwise price can break resistance line, in this situation we can close our positions. Price should be below the resistance line at least 3 days for confirmation. (in this low possibility price can go ma200 )
Purple line= ascending support
Black line= ma100
Orange lines = supports
Blue lines = resistance and targets.
I am not here to give you financial advice and if you take a trade it is YOUR FULL RESPONSIBILITY, not mine.
Ascendind support line (purple) and MA100 intersects around 27-30 area, and this is a strong support for our bullish trend. That's my buy zone. If the price reverse from this area, we can buy above it.
Otherwise price can break resistance line, in this situation we can close our positions. Price should be below the resistance line at least 3 days for confirmation. (in this low possibility price can go ma200 )
Purple line= ascending support
Black line= ma100
Orange lines = supports
Blue lines = resistance and targets.
I am not here to give you financial advice and if you take a trade it is YOUR FULL RESPONSIBILITY, not mine.