#parkin may break the top side of trianglein short time we are now in a triangle
our trail stop now is 4.10 that is already in risk free (compare to our entry at 4.00~40.02
we expect the price goes up
our TP is still at 4.4
PARKIN trade ideas
Possible Scenario for Parkin on 30 mn frameThere is a chance that the price will follow the speculated blue path till reach 2.63 area and where it may bounce toward the target. It can be considered a good signal for entry with the target is around 2.73.
The scenario fails once the price closes below the (stop loss) red line 2.58.
