Nice LONG setup here. Expecting a small pullback to the green support line signalled by Stoch and soon RSI , although looking at past patterns in FCT this could well shoot up before that.
There is space here to make some profits as we climb to D with a sell and re-buy at E.
Stop-loss could be just under the green line drawn however this could be a bit tight and the lower red support line would work better.
There is space here to make some profits as we climb to D with a sell and re-buy at E.
Stop-loss could be just under the green line drawn however this could be a bit tight and the lower red support line would work better.
Comment:
Hit the prediction here at D watch for a clear break out above after it retests and moves away.
Looking however to move back down to the E position before a decision is made.
This has made for a nice trade.
Looking however to move back down to the E position before a decision is made.
This has made for a nice trade.
Again we look to take profit from the tops of this formation and buying back in from the lows.