I think the market will give us another buy opportunity inside the red outlined green box, which is the point where the trend line support meets with the ATH of 25.05.2017. I would place the targets based on the Fib Extension, and a stop after a lower low.
This is not a trading guide. Trade only what you can afford to lose.
This is not a trading guide. Trade only what you can afford to lose.
Trade active
1hour ChartNote
Last buy before moon in this area.
Note
wrong link...Note
1hour ChartSpot on. I only had an order on top of the square to make sure I got it filled. Now it's just a matter of time to see if we are indeed going for new highs. Lower highs for now, though.
Note
1hour ChartSeems to be a Bull Pennant. Thinking on moving stop a bit higher after a higher low, later tonight or tomorrow, depends. Looking good.
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1hour ChartNot liking this new red triangle. Moved stop to 2677 in case 2722 fails. Will probably exit if 2722 is touched again while I'm at the computer. A close above the MA20 (Grey) and/or above the red triangle will set us back to a bullish bias, IMO. Close above the magenta line was good news, and so was the open of new 1hour candle.
Note
6hour ChartFor a better view of where the Blue support line came from.
Trade closed: stop reached
Closed at stop. Waiting for more blood before buying. Seeing 2300-2400 as lowest possibility for now.
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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.