Maybe going for the long stops just beneath previous low and create a spring from there.
Target is first resistance line
Chart is self-explanatory and follows accumulation schematic 2 of the wyckoff method. See link below for info about Wyckoff
stockcharts.com/arti...ing-lets-review.html
Target is first resistance line
Chart is self-explanatory and follows accumulation schematic 2 of the wyckoff method. See link below for info about Wyckoff
stockcharts.com/arti...ing-lets-review.html
Comment:
altho trendlines aren't very reliable, they can be used to indicate possible upcomming momentum switches. This trendline is now broken, however with lack of volume
Comment:
KEY has made the ST in phase B and is now making an ascending triangle on the 4h chart. 14/200 EMA are about to cross bullish which indicates that a momentum shift may be comming.
My ideas are not meant for trading advice, always do your own research. Always be prepared for bull and bear scenarios
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If my ideas were helpfull, feel free to donate here: 1Kufwyg8tq8s76SUfCPvCZUVgLxSha8UZZ