Falling Wedge in XPEV!
It's important to wait until it breaks CLOSING above the resistance trend line. Be patient and you could get a bullish trade with high risk/reward ratio!
SL: All time low
TP: $12, if TP hit, you could use trailing stop, and get a even better trade!
It's important to wait until it breaks CLOSING above the resistance trend line. Be patient and you could get a bullish trade with high risk/reward ratio!
SL: All time low
TP: $12, if TP hit, you could use trailing stop, and get a even better trade!
Note
Entered today at $8, yesterday first candle closed barely above the falling wedge but with huge rejection, so I didn't entered. SL: $7.5, TP: $12
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.
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.