16/4
XML 0.27% started to move up, just broke the hard resistance of H&S pattern. The chart also had double-bottom pattern here, so the target is more relevant to the H&S .
I'm so hyped for the golden cross upcoming.
Trading strategy:
- buy area is arround 3333 - 3480
As usual:
- stoploss below 3250 (a bit close to last resistance)
- target 1: 4440
- target 2: 5797
17/4
Consolidating...
Happy trading!
Linh,
XML 0.27% started to move up, just broke the hard resistance of H&S pattern. The chart also had double-bottom pattern here, so the target is more relevant to the H&S .
I'm so hyped for the golden cross upcoming.
Trading strategy:
- buy area is arround 3333 - 3480
As usual:
- stoploss below 3250 (a bit close to last resistance)
- target 1: 4440
- target 2: 5797
17/4
Consolidating...
Happy trading!
Linh,
Trade active
Its nice to see the golden crossed again. I think its struggling a bit then head to next resistance that is our first target.Trade active
Target 1 nearly reached (4379), actually the resistance is 4392 so we should scale down the target a bit, now time for correction.Trade active
Target 1 reached! Peak now is 4680. Heading to next big target.Trade active
Last target was retested. I saw a big Cup and Handle. Now waiting for breakout 4550 area -> retest (chance for buying), then heading to next target. I'm quite confident with this kind of chart. Happy weekend!
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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.