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Strategy: Price Volume Analysis
Bias: Bullish, Prlexus was in a downtrend in the past 3 months, after reaching its peak at 1.10. Prlexus made a breakout from the downtrend line with momentum which was shown by significant volume.
If the volume and momentum sustained, SWC believes there will be a positive price movement in near term.
S: 0.780, 0.750
R: 0.850, 0.870
If you find this idea helpful, kindly drop us a like and leave your comment! Happy trading!
Strategy: Price Volume Analysis
Bias: Bullish, Prlexus was in a downtrend in the past 3 months, after reaching its peak at 1.10. Prlexus made a breakout from the downtrend line with momentum which was shown by significant volume.
If the volume and momentum sustained, SWC believes there will be a positive price movement in near term.
S: 0.780, 0.750
R: 0.850, 0.870
If you find this idea helpful, kindly drop us a like and leave your comment! Happy trading!
Trade closed: target reached:
Congrats everyone who followed and profited :)