ACVA is currently in a descending wedge with bullish RSI divergence and on a larger timeframe in a descending channel and has hit major support of both. Look for a move into supply area for a long or wait for a break of upper trendline for entry, stoploss below last swing low with target of $15 and will be moving SL to BE when safe to do so.
Trade active:
Order filled @$3.10 looking to move SL to BE as soon as safe to do so
Comment:
SL moved into profit under last support
Comment:
SL moved to $14.50
Comment:
Trade closed as hit new SL @$14.50 for a RR 3:1