PDI trade ideas
PDI Forming a Symmetrical Triangle Looking like either a break up or down as we get closer to the Apex. I hope with the expected upcoming drilling results we see a nice move up.
Predictive Discovery: PDI.AXWatchlist
Price beginning to tighten up
If price can break the pattern, watch how price reacts to the 10c level
Price trading above all EMAs
Drop off in volume since the last push up
Possible PDI ASX Long Position!!SMP TRADING
SELF DEVELOPMENT/METHODOLOGY/PSYCHOLOGY
Chart time frame - H4
Timeframe - 1 - 3 weeks
Actions on -
A – Activating Event
Market will find support in zone @ Current Levels - .... and move to the 0.034 . In order to enter, the pair MUST be in line with my Entry Procedure....
B – Beliefs
Market will move towards the first Target 1 level @ 0.034
ASX:PDI
Trade Management
Entered @ .....
Stop Loss @ .....
Target 1 @ 0.034
Target 2 @ ....
Risk/Reward @ 1.5.1
Happy trading :)
Follow your Trading plan, remain disciplined and keep learning !!
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This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
