Long 1D1 with low conviction [+]
Entry: $0.285
SL: $0.270
Market is forming a possible double bottom reversal pattern.
Only when price surpasses $0.330 will this reversal pattern be confirmed.
$0.330 is also a strong resistance level found twice via:
- Descending trendline resistance
- Double bottom neckline
Should market break above $0.330, we can expect to see price rise towards $0.395 which is both 0.618 retracement level and a probable wave 4 target.
Entry: $0.285
SL: $0.270
Market is forming a possible double bottom reversal pattern.
Only when price surpasses $0.330 will this reversal pattern be confirmed.
$0.330 is also a strong resistance level found twice via:
- Descending trendline resistance
- Double bottom neckline
Should market break above $0.330, we can expect to see price rise towards $0.395 which is both 0.618 retracement level and a probable wave 4 target.
Trade attivo
Buy Trade was triggeredTrade chiuso manualmente
This trade was taking much longer to work out than expected. I closed it earlier.
Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Suppose one of you wants to build a tower. Won’t you first sit down and estimate the cost to see if you have enough money to complete it? - Luke 14:28
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.