Storm is currently sitting right on a Daily support level. I use Price Action Analysis to chart, which takes out a lot of noise and useless indicators that others like to use.
Currently were sitting right on a Daily Order Block. Next daily support is quite far down so stop loss is in the right spot.
Take profits at targets levels as these are weekly resistance levels aka STRONG levels of resistance. You can add to your position again after a 70-79% retracement from support.
Happy trading!
Currently were sitting right on a Daily Order Block. Next daily support is quite far down so stop loss is in the right spot.
Take profits at targets levels as these are weekly resistance levels aka STRONG levels of resistance. You can add to your position again after a 70-79% retracement from support.
Happy trading!