NINE
The gift that keeps on giving,
15min chart analysis
A real analyst needs to keep adjusting with the price.
Price has formed a short-term Bull flag after breaking out of a long-term Ascending triangle within Uptrend.
Unexpected. I would’ve expected price at 22.00 by now.
Price has pullback to support level of Bull flag giving us yet another entry to go long.
We also once again have an “oversold” stochastic reading.
It doesn’t get old.
Uptrend + pullback to support + oversold stochastic = Long entry
Entering trade long
Entry: 12.87
Stop loss: 11.54, -10.33%
Target #1: 22.00, 70.94%, 6.86 RR ratio
Target #2: Trail 50 ema
The gift that keeps on giving,
15min chart analysis
A real analyst needs to keep adjusting with the price.
Price has formed a short-term Bull flag after breaking out of a long-term Ascending triangle within Uptrend.
Unexpected. I would’ve expected price at 22.00 by now.
Price has pullback to support level of Bull flag giving us yet another entry to go long.
We also once again have an “oversold” stochastic reading.
It doesn’t get old.
Uptrend + pullback to support + oversold stochastic = Long entry
Entering trade long
Entry: 12.87
Stop loss: 11.54, -10.33%
Target #1: 22.00, 70.94%, 6.86 RR ratio
Target #2: Trail 50 ema