MYL
yellow lines are good spots to buy, youd set an order front running price on the yellow lines if possible.
but anywhere in the yellow shaded region is aight.
orange dotted is the stop loss youd wanna bail at.
purple zone is good target range to cash out. purple lines a spot youd wanna frontrun a sell order a tad below.
Probably would wanna take profit pretty early in that purple zone to be safe, if it heads up that high.
huuuuge sell off recently
regardless, pretty damn safe spot to buy, stop loss is pretty close below and theres a good chance itll pop back up a solid bit since it fell so fast, even if that retrace up ultimately turns into a reverse way lower. Sell offs that sharp generally have to take a breather at some point.
but anywhere in the yellow shaded region is aight.
orange dotted is the stop loss youd wanna bail at.
purple zone is good target range to cash out. purple lines a spot youd wanna frontrun a sell order a tad below.
Probably would wanna take profit pretty early in that purple zone to be safe, if it heads up that high.
huuuuge sell off recently
regardless, pretty damn safe spot to buy, stop loss is pretty close below and theres a good chance itll pop back up a solid bit since it fell so fast, even if that retrace up ultimately turns into a reverse way lower. Sell offs that sharp generally have to take a breather at some point.
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