ATOMic bomb! 3
Will 3rd time be the charm? Looks like COSMOS could finally break up. The breakout would mean a chance for run to 31.3. SL is last local low. Target is height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL). Invalidated when SL level hit (even if BUY STOP-LIMIT not filled before). RRR 4.2.
Note
Good volume last days. Looks like buyers are interested...Trade active
Order filledNote
A-Bomb launched! Target: COSMOSTrade closed: stop reached
SL hit. Although my personal trade is still in play, as I always set the SL slightly below the low, not exactly to SL price, I'm counting it here as loser.Anyway as long as the lower triangle edge (the uptrendline, price currently sitting there) holds, I will be looking for long signals to re-entry (i.e. breaking the white downtrendline)
a
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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.