CHZ going LONG
This is a 3:1 setup. I think CHZ will explode soon after it was leading the market. Moreover, if you discern it in terms of a pattern, it resemblance the structure of MATIC before it was exploded.
However, if you are able to enter at a lower price, I would suggest you to have a SL at the swing low.
The target is the 0.618 FIB retrace of the previous swing which is reasonable in case we are going up for either C wave or 3th wave. The extension meets there.
However, if you are able to enter at a lower price, I would suggest you to have a SL at the swing low.
The target is the 0.618 FIB retrace of the previous swing which is reasonable in case we are going up for either C wave or 3th wave. The extension meets there.
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.