Bank of AmericaLong
Bank of America
-Weekly 26 EMA pointing upwards suggesting an uptrend.
-A successful visit on the 26 EMA is recognized as well.
-FED rate cuts paused.
-There is a rumor that wants bank regulators to propose limitations on the compensation of the executives.
Long sentiment.
-Price inside a negotiation area that forms the lower edge of a bigger range.
Entry after the successful completion of the flag when a strong bull candle/pattern appears.
Stop loss below the flag.
Target on the extremes of the opposite negotiation area.
The trade here is indicative.
-A successful visit on the 26 EMA is recognized as well.
-FED rate cuts paused.
-There is a rumor that wants bank regulators to propose limitations on the compensation of the executives.
Long sentiment.
-Price inside a negotiation area that forms the lower edge of a bigger range.
Entry after the successful completion of the flag when a strong bull candle/pattern appears.
Stop loss below the flag.
Target on the extremes of the opposite negotiation area.
The trade here is indicative.
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