Looking at a rejection at 0.435 and watching out for a bounce off the trend line, which will confirm the break out.
Trade at your own risk. All the best!
Nota
We got rejected at 0.435, so looks to play out fine so far.Trade attivo
It is ON! Looks like it didn't need that last trend support. RSI is now very stretched on the buy side, so looks like we will test the breakout line ($0.435) again. If successful, this is likely mooning! TP1 0.5, TP2 0.585Nota
Just saw a great post from HeWhoMustNotBeNamed on fitting patterns (
Trade attivo
Interesting playout on this. We had a fakeout, then a stop loss killer and THEN a breakout. Looks like the forces-behind (instuz) wanted to wash out the crowd before going guns blazing. Looking at 0.5 as first target.Nota
Amazing, first target acheived already! :D Looking at second target @ 0.585.Trade chiuso: obiettivo raggiunto
That was it I guess. Now looking at a bearish pattern in play. Uptrend channel break from trend line support, with target of 0.295.I don't trade short positions, so will watch this on sidelines and look to buy @ 0.295. See you there!
DYOR and TAOR.
Nota
We are about there, so this aged very well! Will look at bullish divergence at 0.295 area for entering long.Trade chiuso: obiettivo raggiunto
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.
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.