NIO break out. 3 Wave trading.

20 ago

I think its a nice set up for good gain. Leaving the Bull flag pattern + breaking the trend + holding fib resistance and Order flow. I am already in position and I will be adding last one after break out.

22 ago

Trade attivo

Nio might have enough stem to fill the gap at $6.58 , short term support at $5.90 . If it holds , I m expecting move to second target... between $7.36 - $8

29 ago

Trade chiuso: obiettivo raggiunto

Took profit at $5.56 - 10% , $6.36 - 10% and $6.60 CMI gap close 10% .
Fib suport at $ 6 - $6.05 if breaks I sell 20% of position
buy back around $5.45 - $5.05
TP 1 $7.58 - $7.64
TP 2 round $8
TP 3 CMI gaps $9-10
20% position long term (will see)
My average price now is $4.70 per share . Adjust your risks accordingly to your garden.

2 set

Nota

Support at $6.05 did hold . My trade is not closed, only a portion of it. I dont know why Tradingview made it as a Trade Closed. Anyway we have one more bull flag pattern forming on 4 hour so I might be actually increasing my position, but maybe its a greed speaking so just f it and go with the strategy because its more like 50/50 casino gamble now.

TP 2 in play $7.89 - $8.02 50 - 60% of remaining position. | 70% in profit
CMI Gap at $9.50 - $10.19 would be perfect END TRADE Target, but for now its like 30% chance lets say. But its growing | 108% in profit.

Good luck guys

9 set

Nota

off we go , targets incoming soon.

18 set

Nota

Taking profits in 2nd Target ZONE

23 set

Nota

I Have 10% of the position left . Trade End .