15min chart, you can see a cup formation beginning from 20-24 March, with the handle forming from 13/14 April, coinciding with a current high and tight bull flag.
Entering 1/2 of your buy trade should be considered when price breaks out from the flag by 1-2%, coupled with a 1-2% stop loss and entering full trade when breakout above 527 (530+).
Lead SMA to continue S-Curve
Bình luận
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Just as I was posting the price has tested above flag, let's wait and see what happens!
Bình luận
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Looks like it's just a cup and handle, enter 1/2 trade above 530 and 2/2 when above 540.
We are testing the neckline now. If we breakout we will a push upwards soon.
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FRXMACHNE
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15 min chart is useless
mikehill85
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@sdahiya117, It shows up on the 4hr chart too though.
FRXMACHNE
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@mikehill85, Yeah i agree with your TA bro. But no point of posting 15 mins chart. Try an hour min or if its a quick trade, do 30 mins min. Good work though. I had a look at ir and yes it is bullish. Thank you for the TA though
mikehill85
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@sdahiya117, Agreed, you can't rely on 15 min chart.
sammc
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@sdahiya117, thanks for the advice bro!
FRXMACHNE
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@sammc, no worries bro, i just had a look and 15 min chart yes it is confirmed. see in below chart, it closed the blue candle above the previous 3 candles. That is the confirmation that it will go https://up.https://www.tradingview.com/x/Bo3cpE93/
sammc
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@sdahiya117, yewww thanks bro
mikehill85
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@sdahiya117, My reading of the Ichimoku is also saying we should be in bull territory now as well.