So far, I have got every trade prediction right, if you would like to check my previous ideas you can.
This one though can seem tricky.
We are in an ascending trend line of higher highs and lower highs, I feel like we hit a Higher High already and we should be trying to go for that Lower High now. The RSI is at 60 so it is almost at that 70 oversold number so we should be looking at sell. Although my EMA and trend line is looking for buys in the long run, we can anticipate the chart patterns to our advantage and keep riding the wave. we shall see what happens.
This one though can seem tricky.
We are in an ascending trend line of higher highs and lower highs, I feel like we hit a Higher High already and we should be trying to go for that Lower High now. The RSI is at 60 so it is almost at that 70 oversold number so we should be looking at sell. Although my EMA and trend line is looking for buys in the long run, we can anticipate the chart patterns to our advantage and keep riding the wave. we shall see what happens.