The 1. Chapter of Darktrace - 2 Long scenarios
Updated
Two scenarios where i plan to go long:
Fundamentals:
Darktrace provides mostly solutions for cyber security and could profit from the current atmosphere (Ukraine etc.)
Scenario 1 (Blue arrow)
Target: Next resistance level (upper red rectangle)
Requirments:
- retake of first resistance level (lower red rectangle)
- generating higher highs on the 1 hour chart after retake
Invalidation:
- Fall under first resistance level (lower red rectangle) after retake AND generating lower low swings on the 1 hour chart
Scenario 2 (Orange arrow)
Target: Next resistance level (line level 1)
Requirments:
- Retest of former s/r level (line level 2)
Invalidation:
Added to long term hold stocks if it should fall deeper
Good luck
Fundamentals:
Darktrace provides mostly solutions for cyber security and could profit from the current atmosphere (Ukraine etc.)
Scenario 1 (Blue arrow)
Target: Next resistance level (upper red rectangle)
Requirments:
- retake of first resistance level (lower red rectangle)
- generating higher highs on the 1 hour chart after retake
Invalidation:
- Fall under first resistance level (lower red rectangle) after retake AND generating lower low swings on the 1 hour chart
Scenario 2 (Orange arrow)
Target: Next resistance level (line level 1)
Requirments:
- Retest of former s/r level (line level 2)
Invalidation:
Added to long term hold stocks if it should fall deeper
Good luck
Comment
Orange Arrow - Order was filledTrade active
Trade closed: target reached
Nice gap up
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