The_Power_of_Price_Action

Price Action Analysis for ARLO

Long
NYSE:ARLO   Arlo Technologies, Inc.
Hello Traders! ARLO shows a Piercing Line Candlestick Pattern exactly at the Key Level showing confluence in price or giving us additional confirmation to enter a trade. I place my buy order at the closing price of this green candle and stop loss few pips below

All Conditions met:

1. Trend - Higher High Higher Low
2. Valid Pull Back
3. Key Levels
4. Strong Reversal Candle

Hope you enjoy my price action analysis and hope you smash the like button ;)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.