Cloudbreak
NEO Long strategyNEO has broken down a channel with bullish tendency still beeing visible as RSI and the Ichi cloud indicating the bulls are still in it specifically I would like to state the support at the end of the cloud holding the price action for neo.
In case NEO finds itself over the cloud it will immediately complete a cup & handle on its way up to the resistance at top of the channel.
The buy demand structure shows a pullback scenario shall happen at the top of the channel.
The best safe place to place your SL has been placed on the chart.
KGN KOGAN - BULLISH CLOUD BREAK TRADE!KGN BULLISH CLOUD BREAK TRADE - ICHIMOKU CLOUD.
- FOLLOW THE RULES EACH TIME AND LETS WATCH IT UNFOLD.
-- ICHIMOKU TRADING SYSTEM MOMENTUM BASED TRADE
--- ENTRY $4.60 -. NO TARGET LETTING IT RUN AND EXIT ON KIJUN SEN BREAK OR FRACTAL BREAK.
-- MY STOP LOSS IS JUST BELOW TOP OF THE CLOUD.
- WILL UPDATE AS IT PROGRESSES.
CHEERS
*NOT TRADING ADVICE TO BE FOLLOWED, JUST OWN IDEAS*
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