Kept it simple with this analysis.
Last few candles for AZ were bullish, and we saw it pop up on Friday.
I am confident it will at least get to 3.30, its resistance level. RSI indicates bulls gaining momentum.
However, I also feel like it might break past its resistance level this time as it has reversed at its lower bollinger band with a strong bullish signal twice now.
Last few candles for AZ were bullish, and we saw it pop up on Friday.
I am confident it will at least get to 3.30, its resistance level. RSI indicates bulls gaining momentum.
However, I also feel like it might break past its resistance level this time as it has reversed at its lower bollinger band with a strong bullish signal twice now.
Trade active:
Tested prices above its resistance level and closed just below resistance level. If it rallies up tomorrow it will be a good sign. If there is no rally, try to close the trade around 3.30
Place a tight stop as well.
Place a tight stop as well.
Trade closed manually:
Managed to close the trade at $3.35. It reached and beyond the target of $3.30.