BSV Accumulation Long
Updated
BSV has been consolidating for a week at a key level of significance.
Within this period it have been making higher lows and demonstrating accumulation. It is a clear trade to the next target.
Within this period it have been making higher lows and demonstrating accumulation. It is a clear trade to the next target.
Note
Stopped outNote
The accumulation is clearly still there. One could enter a position again - Not leveraged would be better to avoid the spike down and take a loss like us on the first one.Note
Keep an eye out for a lower high at these levels, momentum might shiftNote
Unfortunately we were in it too early and stopped following it. However, for educational purposes, look at the spring backtest of the support zone before the breakout - amazing.
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