Ascending triangle on the daily LTCEUR.
Green 2 went above a green 1 on the TD Sequential.
If the breakout happens, the target is around 34. The 100 day may also be relevant at around 36. At this exact moment the 1 hour is correcting a bit. The best entry point is probably at 28,50.
I would put the stop at 27,50.
Best regards,
Alexandre Simões
Green 2 went above a green 1 on the TD Sequential.
If the breakout happens, the target is around 34. The 100 day may also be relevant at around 36. At this exact moment the 1 hour is correcting a bit. The best entry point is probably at 28,50.
I would put the stop at 27,50.
Best regards,
Alexandre Simões
Note
Update stop loss to 29,70Note
Ascending triangle target reached. Sell 50% and update stop loss to 32 for the other 50%.Trade closed: target reached
It went exactly to the 100 day MA around 36 after correcting a little bit on the ascendig triangle target. Both targets reached. Trade closed.
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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.