Long
Potential Rally
LUNC experienced a strong 80% rally on the 26th of September and has held onto it's gains pretty well. Currently, if you look at the 4H chart a potential cup and handle pattern is being formed. Back to the 1D chart LUNC held support at $0.000268 a level with much confluence. The trade setup that I am looking at is having a stop-loss as tight as possible or under support if you're looser with your stop, I prefer to reenter the market. A take profit within the green box near the 0.618.
Trade active
Looks ready for next push upOrder cancelled
Failed to reach target
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Related publications
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.