ALGT - Buying A Down Trend Price has climbed over a down trend line that can be continued to be plotted on the chart
As the trend continues the rises can be seen in % to increase.
We are now experiencing a point where price has climbed over the diagonal and is ready for an up move.
Will it be more in % than the last one?
ALGT
ALGT 1D RANGE TRADINGBuy a Daily Candle Close above the Range Top.
Watch for a Failed Range Breakout.
Use a 30m/1h time chart to watch if there is a Bearish bounce off Range Top.
Breakout Candle Must Be 100% of the Average Volume For full-size position
75% of the Average Volume For ½ size position
Stop Loss is 1.5 x ATR First Target is 1 x ATR (close ½ position 1st TP)