Graphite made a strong bullish engulfing candle on good volume after consolidating for last few days around the lower median line of the pitchfork.
1. price is above long term moving average of 200SMA ✔
2. Price is not above short term moving average of 50 SMA ❌
3. Uptick in RSI ✔
4. bullish MACD signal✔
5. above average volume✔
Target is the central median line. Price penetrating and closing below the lower median line of the pitchfork on consecutive days will mean the idea has failed.
**I will be posting ideas for my own journal-ing and learning sake and to hopefully spark up educational discussions. Please do not construe them as recommendations as I am just an amateur here to learn :)
1. price is above long term moving average of 200SMA ✔
2. Price is not above short term moving average of 50 SMA ❌
3. Uptick in RSI ✔
4. bullish MACD signal✔
5. above average volume✔
Target is the central median line. Price penetrating and closing below the lower median line of the pitchfork on consecutive days will mean the idea has failed.
**I will be posting ideas for my own journal-ing and learning sake and to hopefully spark up educational discussions. Please do not construe them as recommendations as I am just an amateur here to learn :)
Operación activa
Target: 660, 675SL: 579
Operación cerrada: precio stop alcanzado
SL hit
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.