Yuriy_Bishko

BABA, What can happen?

Long
NYSE:BABA   Alibaba Group Holdings Ltd.
The price didn't break the Support/Resistance Zone and can start rising from this place.
The condition to open buy: the daily candle touches the zone with huge ATR.
But, if it will approach slowly we should wait for the breaking and Sell signal.
Push like if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!

Comments

do u know any reason why its going down and less volume. there is no bad news other than US election 😉
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Yuriy_Bishko solairaja
@solairaja, maybe you will share)
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OK. do this work for currency?
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Also, you can share your ideas here!
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