AVAX LONG! Potential Swing Play to the upside
AVAX Long Position. on the 4-hour chart we see the wick is bouncing off of the 50 moving average. Confirmed the position with the Stock RSI indicator crossing over. Most Cryptos will be extremely Bullish Today. Also US30 stocks have a potential push as well, including Boeing.
It is possible we could see a huge wick to the downside so minimize your lot size for example, if you have a $10,000 account, minimize lot size to .10 lots on a 100:1 account.
place 2 x .05 lots.
STOP LOSS @ 35.15
TAKE PROFIT @ 40.53
ENTER NOW @ 37.14 or at US open for better entry.
It is possible we could see a huge wick to the downside so minimize your lot size for example, if you have a $10,000 account, minimize lot size to .10 lots on a 100:1 account.
place 2 x .05 lots.
STOP LOSS @ 35.15
TAKE PROFIT @ 40.53
ENTER NOW @ 37.14 or at US open for better entry.