Toyota formed a Box Formation with target to 176.11 - WARNING
Box formation has formed over the last couple of months with Toyota.
We have had the range show higher lows, showing a bullish bias.
7>21>200
RSI>50
Target 176.11
WARNING
The price action and liquidity is not very high with this chart. We are seeing a ton of gaps and volatility which is not conducive for trading.
Either we need to risk little or really widen that stop loss to avoid unnecessary jumps to hitting it too soon.
We have had the range show higher lows, showing a bullish bias.
7>21>200
RSI>50
Target 176.11
WARNING
The price action and liquidity is not very high with this chart. We are seeing a ton of gaps and volatility which is not conducive for trading.
Either we need to risk little or really widen that stop loss to avoid unnecessary jumps to hitting it too soon.
✅ Facebook:
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
facebook.com/groups/matitrader
🌐Website:
timonandmati.com
𝕏 (Formerly Twitter):
twitter.com/timonr
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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.