NIO - Bull Flag break upNIO has been consolidating within a narrow bull flag for the past 7 days and today it made a decisive break above this flag. Long as it breaks above @ 27.20 with initial stop below the recent pivot low @ 26.35.
Am expecting the bullish trend to continue but may take partial profits at the 1.62% fib extension ($31.80).
Caution! Presidential Election is just round the corner and could be extremely volatile next week. Trade at own risk.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
Bullflagbreakout
EURUSD 1.14251 + 0.37 % LONG IDEA * CONTINUATION PTTNS Good Day Everyone
A look at the EURUSD from the 4H chart the pair has been in a uptrend since breaking out of that descending triangle currently just broke out of a bullish flag which could be signalling a continuation to the upside on the pair.
the pair is currently retesting the bullish flag structure upon close this past week looking for continuation to the upside of this move. lets see how it goes will be holding the trade on swing for the week...
Good luck and happy trading everyone
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ENTRY & SL - FOLLOW YOUR RULES ON PENDING ODER & SO FORTH
RISK-MANAGEMENT
PERIOD - SWING TRADE
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