AN INTRADAY (4 HOUR TIME FRAME) HIGH POTENTIAL, BACK TESTED BUY ANALYSIS.
1) STOCHASTIC OSCILLATOR OVERSOLD CROSSING FOR LONG MOVEMENT.
2) TWO BOTTOMS DIVERGED TO CCI OSCILLATOR FOR BEARISH MOVEMENT.
3) POTENTIAL TREND LINE BREAKOUT.
NOTE: ENTRY RANGE AREA BELOW THE ENTRY POINT, IS CALCULATED UPON 80% OF THE RECORDED PULLBACK BACK TESTED PAST PERFORMANCES.
DETAILS ON THE CHART
DISCLAIMER: THIS IS A TECHNICAL ANALYSIS STUDY, NOT AN ADVICE OR RECOMMENDATION TO INVEST MONEY ON.
1) STOCHASTIC OSCILLATOR OVERSOLD CROSSING FOR LONG MOVEMENT.
2) TWO BOTTOMS DIVERGED TO CCI OSCILLATOR FOR BEARISH MOVEMENT.
3) POTENTIAL TREND LINE BREAKOUT.
NOTE: ENTRY RANGE AREA BELOW THE ENTRY POINT, IS CALCULATED UPON 80% OF THE RECORDED PULLBACK BACK TESTED PAST PERFORMANCES.
DETAILS ON THE CHART
DISCLAIMER: THIS IS A TECHNICAL ANALYSIS STUDY, NOT AN ADVICE OR RECOMMENDATION TO INVEST MONEY ON.
Trade closed: target reached
Comment:
Comment:
A bullish Butterfly Pattern revealed to confirm (or to extend take profit) our strategy.
Best regards.