TradingView
jungmetro
Feb 1, 2019 3:46 AM

Aurora is a "Growing" Market 

Description

We have a rising support level and falling resistance; a breakout is going to occur in the coming weeks. This A-D pattern is how i anticipate the price will move towards a long breakout. To be safe after placing buy order at $6.18-$6.20 i would recommend setting a stop loss at the psychological support of 5.99 this will reduce risk and ensure you get a minimum of 2 risk reward ratio.
Good luck traders
- J
Comments
zr0s
Wave 1 is too short vs wave 3. I see w1 from 4.61 to 5.28, w3 starting at 5.01 to 7.38. w4 C maybe not completed??
More