The previous accumulation ranged between $20.3 (low) - $24 (high), 8th Feb - 16th. we had a breakout to the up side to $30 price mark that gives signal of more upward price movements. Today, we have a chance to buy at a cheap price at $22.6. My stops will be at the previous range low at $20.3, First take profit at $24, Second take profit at $30. Futures traders should be more frugal with their stops and not over leverage.
PS: not a Financial advice
PS: not a Financial advice
Note
stops taken out
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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.