Evan_Moe_Money

A bit risky, but could be a breakout

Long
NASDAQ:CCCR   None
9
Again we are close a resistance, the buyers already had a strong move, and pushed the price back up. lets see if can continue and break the resistance. If so, thats my trigger to get in.

The risk reward isn't the best, so don't put in too much, especially since this one looks a bit risky to me
Comment:
Well, you can see we have higher highs and higher lows, so the trend seems to be good.

The last high, however, wasn't really much higher than the previous one, thats why i call it a bit risky, since that could be a sign of a trend reversal.
Order cancelled

Trading Bücher:
de.tradingview.com/chart/WDI/vosCiEtp/

Free Trading Education:
www.babypips.com/learn/forex

Wem meine Analysen und Gedanken gefallen, der darf mir einen Kaffee kaufen:
www.buymeacoffee.com/EvanMoeMoney
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.