AMEH (APOLLO MEDICAL HOLDINGS, INC) - False Break
Updated
Market structure: Uptrend, price at all times high
Setup: False Break/ Retest previous resistance turn support
False Break candlestick pattern: Hammer / Bullish engulfing
To look for trading opportunities when price retest previous resistance turn support at around 93.30 area.
Stop loss: 1 ATR below swing low
Take profit: trailing stop loss
Disclaimer: Below simple trading idea is just for sharing, please do your own due diligence and apply risk management.
Setup: False Break/ Retest previous resistance turn support
False Break candlestick pattern: Hammer / Bullish engulfing
To look for trading opportunities when price retest previous resistance turn support at around 93.30 area.
Stop loss: 1 ATR below swing low
Take profit: trailing stop loss
Disclaimer: Below simple trading idea is just for sharing, please do your own due diligence and apply risk management.
Note
price hit stop lossTrade closed: stop reached
Always trade with the Trend, Trend is your friend until it bend
Disclaimer
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