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VikontTrade
Jun 27, 2020 3:22 PM

CCL in Wave4 or New Bottom next ?! Long

Carnival CorporationNYSE

Description

All information should not be taken as call to Action, this is my personal view of market situation.

So prediction fulfilled by time zone and timeframe. So that is why it's difficult to be bearish. I don't know what premarket will show us, but i always keep 2 strategies in the head.
Now it's good time to go long with stop only 5% below (use 20% of your capital to reduce risks) and profit can be x15 to Loss.

On other hand if we reach my STOP at 14.65 $, then i will go full Bear on CCL unless Resistance at 17.42 will be broken.
And Bear means, i expect to Bottom below 7.60$

Why Up you ask with all that bearishness ?! - Wave 5 is manipulative wave, where all remaining positions must be closed (Big Money positions) and considering that we can be still in global wave 4 (UP movement). Big Money have close to NoN rules holding them from any manipulation.

You may like or hate my views. But most important, stay calm and do not give more money to the market than You Decide !!!

Trade active

We are still trading below 16$. So this gives us opportunity to enter 20% of capital with 1.5% risk on this trade.

Trade active

Day Traders !!!! Over 16 Long - Stop 15.40 !

Comment

DT: Target 16.95-16.99

Trade active

DT: Stop Changed to 15.60$

Comment

Trade closed: stop reached

Long Play Canceled. Resistance played its role.
Comments
Jovannoti
by the way mate.. you might sold where you should buy I.E. at 15.11
VikontTrade
@Jovannoti, There will always be trades. I'm don't know the future and i know that i will not always be right. In the market i'm sure only about 1 thing.... I will Never Ever give more then 1-1.5% to the market on a trade :D
P.S. If you buy at 15.11 you playing against the trend.
Jovannoti
@VikontTrade, noted and thanks. I thought that 15 range was our support and as long we are above 14.65 we are playing long.
VikontTrade
@Jovannoti, As long as new information confirms uptrend :) Yes, 14.65 is key level, but sometimes you can get information even before.
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