NEOLong
Falling wedge // 3 pin formation confirmed at $104.
Been riding NEO beautifully today. Took a short from $116.50 and rode it all the way to its previous wick resistance at $105.00 & now looking for some long plays.
We're now forming a
- falling wedge.
- rejecting the 0.618 fib level.
- formed a three pin formation amongst candle closure at $104.
- printing a bullish engulfing.
- using the most significant trend line as support.
Looking for a big leg up and close above the falling wedges upper trend line and ill be taking longs on NEO to ride into new ATHs!
Will give an update with TPs once we break the current wedge to the upside.
Let me know what you think, i'm going to begin plotting my ideas down with the list of confluence resulting it being easier to understand.
Like & follow for multiple daily updates.
We're now forming a
- falling wedge.
- rejecting the 0.618 fib level.
- formed a three pin formation amongst candle closure at $104.
- printing a bullish engulfing.
- using the most significant trend line as support.
Looking for a big leg up and close above the falling wedges upper trend line and ill be taking longs on NEO to ride into new ATHs!
Will give an update with TPs once we break the current wedge to the upside.
Let me know what you think, i'm going to begin plotting my ideas down with the list of confluence resulting it being easier to understand.
Like & follow for multiple daily updates.
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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.