Ladies and gents we have a confirmed ascending triangle on a close above 5.20 today. We also have a virgin trend on our hands.
Entry: Buy as much as possible between 6.10 and 5.20
Target 1: 7.50
Target 2: 8.90 (ATH)
Add, cut, close at the ascending triangle measured move target of 7.50
Add, cut close on successful consecutive closes above ATH. (virgin trend)
Close 20 day lows or lower high lower low
Stop out of prelim position on a close below 4.10
Entry: Buy as much as possible between 6.10 and 5.20
Target 1: 7.50
Target 2: 8.90 (ATH)
Add, cut, close at the ascending triangle measured move target of 7.50
Add, cut close on successful consecutive closes above ATH. (virgin trend)
Close 20 day lows or lower high lower low
Stop out of prelim position on a close below 4.10
Note
Note, this idea requires a daily close above 5.20 to be validTrade active
Entering position at 5.70. Will buy down to 5.20.Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.