Looking to take a long if price should manage to get again above the blue trendline. Would buy on a retest then.
First target is the Resistance level (upper blue line) where i would take out my initial investment.
Second is above the blue level, where i would close the rest of the position.
Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)
- This information / article is only for educational purporses and not a recommendation to buy or sell.
I'm not a Financial Advisor.
Thanks for reading!
trader_se
First target is the Resistance level (upper blue line) where i would take out my initial investment.
Second is above the blue level, where i would close the rest of the position.
Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)
- This information / article is only for educational purporses and not a recommendation to buy or sell.
I'm not a Financial Advisor.
Thanks for reading!
trader_se
Comment:
Price closed above blue trendline - will buy on retest.
Comment:
Hoping to get a close now of the weekly here then its a buy on retest as shown in the chart
Comment:
Looks like a frontrun. Will stay wait for a touch of the blue line - unless it hits the S/R level above. After that wouldnt buy.
Comment:
Bummer dont think i will get a chance to enter... might have been also a slightly mistake when i painted the trendline