ALGO has stayed in this nice uptrend for months now, using the previous high as support atm. Looking for a small bullish candle to close on the daily around .2334 area
next major resistance level around .3002
Im just a beginner trader so take this with a pinch of salt,
any feedback would be greatly appreciated, Enjoy your day.
next major resistance level around .3002
Im just a beginner trader so take this with a pinch of salt,
any feedback would be greatly appreciated, Enjoy your day.
Note
price came back down to reset the support at around .2304bullish hammer was formed on the 12hr timeframe to.
so far the Trend is looking nice with a 5% profit and a chance to move your stop loss higher.
looking to take profit around .2600 number
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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.