JAKS, Moving Averages in Bullish Formation, Waiting for Breakout
Updated
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Strategy: Moving Averages Formation
Bias: Bullish
As seen in the chart, the Year-Line, Half-Year-Line, and Month-Line are moving in bullish formation, while the price is currently in triangle consolidation above key fibonacci level of the long term trend.
Entry: 1.21
Stop-loss: 1.15
1st Target: 1.43
2nd Target: 1.84
Gentle reminder: Plan your trade and trade your plan. Peace out!
Strategy: Moving Averages Formation
Bias: Bullish
As seen in the chart, the Year-Line, Half-Year-Line, and Month-Line are moving in bullish formation, while the price is currently in triangle consolidation above key fibonacci level of the long term trend.
Entry: 1.21
Stop-loss: 1.15
1st Target: 1.43
2nd Target: 1.84
Gentle reminder: Plan your trade and trade your plan. Peace out!
Note
Congrats to our members! Total of 21.49% in 18 days.Reached 1st target: 1.43 with breakout and started some correction. Let's see how it will further develop.
Thanks for the support :)
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