~Just getting this chart out for a friend.
~Wedge broken out into uptrend from a bigger formed descending triangle, small pullback due because of the rsi value- this will line up with the EMA's and support trend line.
Risk and reward of 2.1, so not the best in terms of gains.
Area of resistance noted, a good place for potential TP.
This is NOT a buy OR a sell signal. I'm not a financial adviser and nothing I say is a fact, any losses made through these decisions do not hold me accountable and you should never invest more than you're willing to lose.
If you liked this short post, be sure to follow and like. It really helps out :D
~Xander
~Wedge broken out into uptrend from a bigger formed descending triangle, small pullback due because of the rsi value- this will line up with the EMA's and support trend line.
Risk and reward of 2.1, so not the best in terms of gains.
Area of resistance noted, a good place for potential TP.
This is NOT a buy OR a sell signal. I'm not a financial adviser and nothing I say is a fact, any losses made through these decisions do not hold me accountable and you should never invest more than you're willing to lose.
If you liked this short post, be sure to follow and like. It really helps out :D
~Xander
Comment:
Looking solid so far.
Trade closed: stop reached:
Rest in peppers 9.3k :(