AAME - Middle Line TestMiddle line test leading to an upward move
An inverted H&S is present also which may be a indication of a trend reversal.
I expect a breakout of this almost horizontal, slightly rising, parallel channel.
AAME
AAME - Daily chart - Buy scenarioLooking to buy some AAME if price should move as the blue arrow.
Requirements: Price breaks over Resistence area (red line), where i would buy on a retest of it
Target: Major Resistance area (upper red line)
Stop- Loss: None
////////////
My General rules and approach regarding trading:
- I mark levels that i find interesting and set up requirements what price needs to do at these levels so i feel comfortable to take the trade
- What price does till its reaches my levels doenst matter to me, even if it takes days, weeks or even months or never at all (Alarms are set and thats it)
- For my entries i often use Strategies on smaller time frames and to increase my chances and profitability
Dont forget:
- Watch your Risk management
- DYOR (Do-Your-Own-Research)
- This information / article is only for educational purporses and not a recommendation to buy or sell. I'm not a Financial Advisor.
Thanks for reading!
trader_se
🟢 $AAME Target 8.10 for 55.77% (Risk Level - HIGH)🟢 $AAME Target 8.10 for 55.77% (Risk Level - HIGH)
Open add order at 4.00
Or double position at 2.30
This has been a really long play… don’t join this one unless you’re crazy… however, I did post one that was similar the other day and it hit target a few days later… just be careful here… I’ll get my target… its just a matter of when…
-----
—
On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
Numbers with an A are places that are a good idea to add if you can.
Numbers with a D are places where you should double your position.
I start every position with .5 - 1% of my account and build from there as needed and as possible.
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
AAME is ready to go back up.Trend line is holding and AAME is ready to turn back up. Its in the Bulls hands now.
$AAME Target 8.54 for 51.42% $AAME Target 8.54 for 51.42%
Or next add level is at 2.88
I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
