Simple and short, as always :) CFX is printing a nice IHS pattern on the 4h chart with a target of 25 cents. I would wait for another pullback into systemic trend around 16 cents, should not drop below 14 cents anymore, if it's going to play out. First resistance would be the yearly open around ~19-20 cents, needs to break with conviction, if it does it should push into 25 cents or higher.
Stay safe!
Stay safe!
Note
Approaching my buy zone, still few % left, but pretty sure we will see a dip below the monthly open level soon. Should hold from there. Target remains the same.Trade active
Note
Opened a long from .16 :) Let's see
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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.