Swing trade idea for Monday
Expecting pull back to $1.05-$1.04 and then move to $1.20 and then rejection to the downside .Based on CCI and RSI reading I do not expect significant move to the upside .
Entry: $1.05
Stop: $1.03
Exit : $1.19
R/R : 1/7
expecting rejection to the downside from $1.20-$1.21 area back to $1.05 area ,if $1.05 going to hold then we can see AIKI testing $1.30 area (possibly this week ),If $1.05 not going to hold then AIKI can potentially move all way down towards $0.95 area.
Entertainment purposes only, not financial advice .
Expecting pull back to $1.05-$1.04 and then move to $1.20 and then rejection to the downside .Based on CCI and RSI reading I do not expect significant move to the upside .
Entry: $1.05
Stop: $1.03
Exit : $1.19
R/R : 1/7
expecting rejection to the downside from $1.20-$1.21 area back to $1.05 area ,if $1.05 going to hold then we can see AIKI testing $1.30 area (possibly this week ),If $1.05 not going to hold then AIKI can potentially move all way down towards $0.95 area.
Entertainment purposes only, not financial advice .
Comment:
AIKI moved down to $1.04 , ENTRY target reached ,AIKI closed the day at $1.06
Comment:
AIKI moved down to $1.01 , STOP LOSS got triggered.