Cup and Handle formed, broke out and since then it's been a slow but consistent move up.
The only frustrating part with holding a trade like this since March is that there are these daily CFD Swaps which eats into the profits.
And when you hold for >2 months, you start to feel it. Anyway, the bias was right and I might need to lower the target in the future so we don't hold these trades for too long.
The first target reached 34,826 and the next target will be higher. We just need to wait for the next breakout pattern and I'll let you know.
The only frustrating part with holding a trade like this since March is that there are these daily CFD Swaps which eats into the profits.
And when you hold for >2 months, you start to feel it. Anyway, the bias was right and I might need to lower the target in the future so we don't hold these trades for too long.
The first target reached 34,826 and the next target will be higher. We just need to wait for the next breakout pattern and I'll let you know.
✅ Facebook:
www.facebook.com/groups/matitrader
🌐Website:
www.timonandmati.com
💰FREE Discord:
discord.gg/c8f37kyv35
Twitter:
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
www.facebook.com/groups/matitrader
🌐Website:
www.timonandmati.com
💰FREE Discord:
discord.gg/c8f37kyv35
Twitter:
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)