Strong uptrend on the 1 hour time frame.
Price is above the cloud
This would be considered counter trend trading as seeing we are on a downtrend on the 4 hour and 1 day chart and I am basically trading a correction at this point.
Prices are also above the 23 fib level.
Price is above the cloud
This would be considered counter trend trading as seeing we are on a downtrend on the 4 hour and 1 day chart and I am basically trading a correction at this point.
Prices are also above the 23 fib level.
Note
OLDER CHARTS, LEARNING HOW TO MARKUP CHARTS
C Nicholas Downie
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
C Nicholas Downie
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.