So we are temporarily into a small bull trend. How long it will last, nobody knows. We have a multi-year resistance line forming a bearish triangle around the 30 cent range. This is a good trade in my opinion. You can either try daily with a stop loss around 18c mark and profit taking 28 - 30c. or you can play the smaller swings on 4H or 2H chart. Up to you. I see this as a low risk high reward trading opportunity with 40-60% potential gains in less than a month. Let me know what you think !!! Good luck and happy trading !!!
Note
Forgot to mention the small spike in volume.... Let me know what you think.Note
almost nailed this one :D
Don't overcomplicate things in trading
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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.
Don't overcomplicate things in trading
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.