CMG did bounce off the support and a 2618 trade is just on the mark;
while another stock that is hated for quite a long time gives a long opportunity for risk lover, too.
It's rare to see 2 harmonic patterns suggesting similar entries, which makes it worth watching carefully!
It still better to wait for reversal sign in smaller time frame instead of put a buy limit to create liquidity for it.
And of course, a VRX long, actually a VRX trade means HUGE RISK including the overnight gap ,
so don't try this trade if you don't position yourself a risk lover kind of trader.
*Educational use only
while another stock that is hated for quite a long time gives a long opportunity for risk lover, too.
It's rare to see 2 harmonic patterns suggesting similar entries, which makes it worth watching carefully!
It still better to wait for reversal sign in smaller time frame instead of put a buy limit to create liquidity for it.
And of course, a VRX long, actually a VRX trade means HUGE RISK including the overnight gap ,
so don't try this trade if you don't position yourself a risk lover kind of trader.
*Educational use only
Comment:
hitting the area, wait for reversal signs !