https://www.tradingview.com/x/IpsAIAdM/
This is COMPUSD on a highertime-frame. Although its priced at 70.45 approx. its previous all time high was over 500.
Here is a chart that shows why its about to Pop upwards imo.
This is COMPUSD on a highertime-frame. Although its priced at 70.45 approx. its previous all time high was over 500.
Here is a chart that shows why its about to Pop upwards imo.
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By the breakout above 75 or even less as price breaksout of this weekly triangle, very soon imo.Stop loss could be placed under the 50ema on 1hr chart at price 70.25 or by all means go tighter if you time the breakout right, price should not snap back to take out stops.
Note
5m rising wedge. price is at the bottom of wedge. price to go lower will have to drop out of wedge. either way, i think this will move higher and breakout on that weekly chart above triangle. Keep an eye on.Note
I bought 75 more just now.Note
So this has popped quite well & I said less than 24 hours ago that it was set to breakout. By the break above 75 was a good buy entry into this one & price was about to burst upwards out of a triangle pattern.
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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.