Hello, Trading View,
This opportunity has been going on for a while now. It was looking like a rectangle at first. But sense it did not hold it self up at the support line. It is less likelely that this is a recangle formation. Sense the market changes pretty spuratically. This is a higher risk trade. Just as an FYI. There is still that change that it will go long once it reaches the red line. We have to see it make a notable break past the 2nd resistance line to be considered in a full trend continuation pattern.
Once it reaches the lower support line. IMO, you should close the trade and re-evaluate the situation.
Buy-in: 26.43
Target: 18.17
Stoploss: The Red Box
Thanks,
Stoploss123
StopLoss123
When you feel like stopping. Think about why you started.
Facebook Group: www.facebook.com/gro...ups/134980417172304/
Web: lucky024.wixsite.com/stoploss123
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This opportunity has been going on for a while now. It was looking like a rectangle at first. But sense it did not hold it self up at the support line. It is less likelely that this is a recangle formation. Sense the market changes pretty spuratically. This is a higher risk trade. Just as an FYI. There is still that change that it will go long once it reaches the red line. We have to see it make a notable break past the 2nd resistance line to be considered in a full trend continuation pattern.
Once it reaches the lower support line. IMO, you should close the trade and re-evaluate the situation.
Buy-in: 26.43
Target: 18.17
Stoploss: The Red Box
Thanks,
Stoploss123
StopLoss123
When you feel like stopping. Think about why you started.
Facebook Group: www.facebook.com/gro...ups/134980417172304/
Web: lucky024.wixsite.com/stoploss123
Twitter: twitter.com/JordanSC72/