Aktualisiert
ACB Wait for the re-bounce

ACB had a huge increase in price together with a huge volume which is perfect setup for the trade.
With the decrease volume after the peak has reached, it followed and retested 2 support lines it has created during the run. It is very interesting that the supports follow exactly FIB at 0.3 and 0.5 and make a retest for 0.2 level.
By the movement of RSI going down after it almost hit overbought, there will be a bounce back to retest 0.3 and 0.5 FIB. I expect the 0.3 support to fail and retest 0.5 for a better entry.
This trade can be activated by 3 conditions
1. Price retest .5 and hold the price
2. Hammer candle confirm for the up trend
3. RSI hit almost or near RSI 30 and make a little bounce back.
With the decrease volume after the peak has reached, it followed and retested 2 support lines it has created during the run. It is very interesting that the supports follow exactly FIB at 0.3 and 0.5 and make a retest for 0.2 level.
By the movement of RSI going down after it almost hit overbought, there will be a bounce back to retest 0.3 and 0.5 FIB. I expect the 0.3 support to fail and retest 0.5 for a better entry.
This trade can be activated by 3 conditions
1. Price retest .5 and hold the price
2. Hammer candle confirm for the up trend
3. RSI hit almost or near RSI 30 and make a little bounce back.
Anmerkung
bounce back at 0.2 FIB just happenedHaftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.