Very unfamiliar name to many I'm sure so this may not get seen much. But we are seeing the potential start to a nice HTF move.
The key here is building tapered liquidity in white while respecting yellow buying. That will allow for a healthy continuation of this breakout of the HTF strong selling trendline.
Target entry: $10.05
LTF TP: $10.90
HTF Target: $16
Stop Loss: +/- $9.85. Use yellow strong buying as your main theory along with LTF white tapering. If we taper out of yellow and build/grab healthy liquidity at the $10 level, it's not necessary a sell yet.
Happy Trading :)
The key here is building tapered liquidity in white while respecting yellow buying. That will allow for a healthy continuation of this breakout of the HTF strong selling trendline.
Target entry: $10.05
LTF TP: $10.90
HTF Target: $16
Stop Loss: +/- $9.85. Use yellow strong buying as your main theory along with LTF white tapering. If we taper out of yellow and build/grab healthy liquidity at the $10 level, it's not necessary a sell yet.
Happy Trading :)
Trade the Story
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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.
Trade the Story
Related publications
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.