NZD CAD Shlong ;-)
For a long and continuation in trend direction I would like to see that price bounce from the s/r zone + the trendline (double confirmation) could be tricky to play but that depends on price action we will see in this area .
Alternative i have the short scenario on my list with a valid break n close below the s/r zone + trendline (again double confirmation) .
But at the moment this looks like a clear uptrend with Higher Highs and Higher lows to me and as long as we stay above s/r zone and TL we have no signs of a shift in trend .
We have Higher Highs and a healthy uptrend now what COULD happen is price breaks down the s/r and TL starts to retest the s/r zone from below gets rejected and shows us the first lower high in a while and a clear sign for a change in trend direction.
But remember this is prediction and we dont want to predict we just want to react to a situation thats why i have always both price directions in my mind and all possible moves i show are just IF THEN scenarios .
Alternative i have the short scenario on my list with a valid break n close below the s/r zone + trendline (again double confirmation) .
But at the moment this looks like a clear uptrend with Higher Highs and Higher lows to me and as long as we stay above s/r zone and TL we have no signs of a shift in trend .
We have Higher Highs and a healthy uptrend now what COULD happen is price breaks down the s/r and TL starts to retest the s/r zone from below gets rejected and shows us the first lower high in a while and a clear sign for a change in trend direction.
But remember this is prediction and we dont want to predict we just want to react to a situation thats why i have always both price directions in my mind and all possible moves i show are just IF THEN scenarios .
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.