Again in Buy Area offloaded chunk
After successfully completing the AB=CD pattern, the stock is now entering a potential buy zone.
Why Buy Range? It's based on Fibonacci retracements: 38.2% of the long wick and 61.8% of the short-term move (CD, which was clone of AB).
However, I'll also be happy if it comes down in my 1st buying area which i already offloaded :-)
Note: I'm still learning, so if you have any suggestions for improvement, Please let me know, I’d appreciate your feedback. Thank you!
#GTYR #PTL
Why Buy Range? It's based on Fibonacci retracements: 38.2% of the long wick and 61.8% of the short-term move (CD, which was clone of AB).
However, I'll also be happy if it comes down in my 1st buying area which i already offloaded :-)
Note: I'm still learning, so if you have any suggestions for improvement, Please let me know, I’d appreciate your feedback. Thank you!
#GTYR #PTL
Trade closed: target reached
Beautifully achieved the short-term target price from the previously hit buying level. It also turned out to good trade with multiple entry and exit opportunities!:-D
Long-term targets are still in play, and I’ve kept some chunks in my portfolio for those. ;-)
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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.