BABA possible rejection zone. Target 76
I´m expecting a rejection at 73,80 what will leads to strong momentum and reaching the target in this week. It is possible to trade this idea in the two ways.
1. Aggressive = with smaller size you will enter just after the US market open and you will close your trade if any 4H will close below the SL zone.
2. Conservative = with a bigger size you will enter after the price was rejected upwards from 73,80 and there is a clear 15M-30M close above 74,40. After entry, set your SL and trail it with 1ATR from 15M chart.
Wish you good luck.
1. Aggressive = with smaller size you will enter just after the US market open and you will close your trade if any 4H will close below the SL zone.
2. Conservative = with a bigger size you will enter after the price was rejected upwards from 73,80 and there is a clear 15M-30M close above 74,40. After entry, set your SL and trail it with 1ATR from 15M chart.
Wish you good luck.
Do not have 30K followers, do not have to share 15 trade a day, because you pay subscription, do not live from subscription, but sharing my knowledge trades and signals. For free. If you want to join, you are welcomed. t.me/+CE3Vdc5m72w4MjRk
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.