Long
AVALARA INC
NYSE:AVLR
Hey, traders!
I suggest we take a look at the first candidate for the long.
The instrument faced the resistance level that stopped the strong long trend that started on April 6.
The tool has retested this level several times, however, it could not take it.
False breakout by two bars of the lower level of the channel firstly allowed to increase the position, and secondly it showed the presence of a large long player.
At the last trading session we made a near retest of the level.
Take a look to a small false breakout.
We did not roll back down, so the instrument is being bought out.
Pay attention to the paranormal volumes.
I will enter the long above the level.
Trade wisely!
Hey, traders!
I suggest we take a look at the first candidate for the long.
The instrument faced the resistance level that stopped the strong long trend that started on April 6.
The tool has retested this level several times, however, it could not take it.
False breakout by two bars of the lower level of the channel firstly allowed to increase the position, and secondly it showed the presence of a large long player.
At the last trading session we made a near retest of the level.
Take a look to a small false breakout.
We did not roll back down, so the instrument is being bought out.
Pay attention to the paranormal volumes.
I will enter the long above the level.
Trade wisely!
Trade closed: target reached
great easy trade!
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.