Expecting a bullish move soon :) Moving on to Wave 3. Plan If possible to entry within the support level from 351.43 to 359.33 so that stop loss can be tighter. Wanted to get into a cheap butterfly option, but still learning which setup will be better. Any advise? Line in blue is the target amount shared from a fellow traders. Stop Loss 350 Price...
Looking Bullish. Strong resistance at 155. There is a small pennants with reducing volume. Lookout for high volume or oversold RSI for a breakout above. Plan Thinking to enter the trade if price hit 156.50 - preferably after breakout pullback. Stop Loss 153.5 Price Target - 169.43 (100% of Wave 1) - 173.4 (100% height of pole using Fib...
Bullish but forsee retracement. It might be in Wave 1 and entering Wave 2 retracement. There is a bearish rising flag forming too. Candles getting smaller as days go by. Plan Can consider enter the trade at 61, go short and have a tight stop loss :) but should be better to just wait and see and entry later on. Everything can go wrong so long the counting...
I know a lot of traders are bullish on this, however I can't see the breakout of the downtrend yet. Any advise? Wait for price confirmation or enter with a tight stop loss. - Current price 251.23 is still within the two downtrend Line. - Current price hit resistance on 150/200 Daily EMA. - Daily still show strong bullish candle. I was in a lost trade during...