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 soNote
SL moved into profit under last supportNote
SL moved to $14.50Note
Trade closed as hit new SL @$14.50 for a RR 3:1
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.