ENTRY: Intraday buy because I can see that the price is already breaking in and out the ATH. My bias is that it will close above the ATH and it deed. The buy candle is the highest candle in the box or consolidation.
TP: Resistances - Box breakdown, RSI, MA breakdown
SL: ATH breakdown.
BAD: No momentum even though it is already ATH and forming HH so far. Holdingfor 9 days now with just 5% gain.
https://www.tradingview.com/x/960OKWak/
TP: Resistances - Box breakdown, RSI, MA breakdown
SL: ATH breakdown.
BAD: No momentum even though it is already ATH and forming HH so far. Holdingfor 9 days now with just 5% gain.
https://www.tradingview.com/x/960OKWak/
Note
Recovered after I sell on the long red candle. It's trailing the MA20Learning: ATH indeed has strong upside. It's not easily be pulled down.
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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.