AAL - 3 Long scenarios - Fly little bird, fly 3 Long scenarios
Fundamentals
-
General
One scenario developing doenst invalidate the other. Would trade one after another if it should happen - or all at the same time.
Scenario 1 (Green arrow)
Target
Next resistance level (level 1).
Confluence with the 50% level of a monthly range.
Requirements
- Price closes above buy zone 1
Invalidation / SL
- No break under buy zone 1 AND creating lower swings
Time duration
Days, weeks, months, years... ;)
Scenario 2 (Orange arrow)
Target
Next resistance level (level 1).
Confluence with the 50% level of a monthly range.
Requirements
- Price dto buy zone 2
Invalidation / SL
- None, this is a possible longterm hold
Time duration
Days, weeks, months, years... ;)
Scenario 3 (Blue arrow)
Target
Next big resistance level
Requirements
- Break above level 1
Invalidation / SL
- None, this is a possible longterm hold
Time duration
Days, weeks, months, years... ;)
Good luck
