AmazingPrice has been breakout with good volume
Risk little bit higher.
May need to use lower timeframe to reduce the risk
WMG trade ideas
WMG - Shakeout Completed..Ready to Head to Resistance soon!1. High volume Line Change
- Great effort bar to monitor for potential support and resistance
2. Shakeout area
- Removal of weak-hand holders
3. Shakeout completed with high volume
- Confirmation of Strength signal with higher volume
- NS at the previous support (low of Line Change)
Looking for low risk entry near low of NS bar
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Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
WMG [15 October 2020] Buy On Resistant Zone Break OutMYX:WMG
SWING: 2 DAYS TO 2 WEEKS
Breakout Downtrend Line
52 Weeks High Line
Fibbonaci Retracement
Candlestick Support & Resistant Zone
Trendline Support & Resistant
