Yesterday we could observe the formation of a bullish reversal bar. That’s why today we should place a BuyStop order slightly above yesterday’s high. Also, start waiting and counting green lines of the AO histogram. As soon as we see 3 lines in a row, add a position at the opening of the next day. According to Williams, it is advisable to hold a position until one of the reversal signals: a bearish reversal bar, 3 red AO lines or an ascending fractal.
If levels are to be considered, then the growth targets are 2460 and 2600.
This content is for informational purposes only and is not intended to be investing advice.
