Bullish Exaggerated Bousted or Bullish Exeggerated Divergence ?
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Hi everyone. I will be busy with my own daily work routine, but i will try to make it at least 1 publishing trading idea per day. All right, let's go further !
This is what i saw and based on my 2cents analysis, this is the "trade-what-you-see" evidence that i found.
1. Symmetrical Triangle = Which indicates the break-out of price above. 2. Stochastic's oscillator has already make a golden-crossed which indicates the bullish sign (Based on momentum). 3. Haaaaa, this is what interesting, if you see on the stochastic's indicator below, i have plotted the orange line which i found a BULLISH EXEGGERATED DIVERGENCE, which tells us the bullish sign of price.
Well, if im going to buy, here is the trading decision that i will make...
1. Gonna buy it as soon as possible within the symmetrical triangle area. 2. Take profit decision..... I can see that the price has the possibility to go towards 90cents. But...... i dont trust the traders, most likely many of them will take profit as early as they can. So i will stick to 2-4 bids of TP. 3. For cut loss, i will take 10% based on my entry price.
If you guys have something to say, just drop your thoughts below and let's discuss about it !
And yess this is not a buy call. For some knoeledge purposes only. Trade at your own risk. All the best traders !!
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.