strategy for UBER Wednesday 09/29/2021
(UBER buy price 47.60)
(UBER sell price 45.60)
strategy: uber with reversal pattern we only enter to buy when it touches the buy price, not to anticipate the entry above the closing price. with wide movement up to mv 200 daily shart.
bearish entry: in this case if the open is below the sell price, uber will be within a divergence 5mn bearish 15mn bullish anyway we have to wait for it to retest towards mv 9 or 10 period on the 5mn chart.
(UBER sell price 45.60)
strategy: uber with reversal pattern we only enter to buy when it touches the buy price, not to anticipate the entry above the closing price. with wide movement up to mv 200 daily shart.
bearish entry: in this case if the open is below the sell price, uber will be within a divergence 5mn bearish 15mn bullish anyway we have to wait for it to retest towards mv 9 or 10 period on the 5mn chart.