Long
INFI: early plan
$NASDAQ:INFI
Key levels: 0.92, 1.95
Because of the risk seen in this chart (rangy, poor movement, no pattern, bearish overall trend, selling off after gains and not holding support) we will remain skeptical on the potential until we see healthier movement.
Healthier movement on this one will look like 0.92 holding up as a support to create a triple bottom on the daily.
If entry is missed and we do see recovery, this is not tradable with a mid range entry. Until back above 1.95 we will trade this tight and have our alerts ready.
Key levels: 0.92, 1.95
Because of the risk seen in this chart (rangy, poor movement, no pattern, bearish overall trend, selling off after gains and not holding support) we will remain skeptical on the potential until we see healthier movement.
Healthier movement on this one will look like 0.92 holding up as a support to create a triple bottom on the daily.
If entry is missed and we do see recovery, this is not tradable with a mid range entry. Until back above 1.95 we will trade this tight and have our alerts ready.
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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.
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.