4 h look brearish
weekly look bullish
trade play
1 sl under 42 for load back at 40 and 38.50 level strong support zone
2 wait drop to the 40 area and put sl under
trade Risky
sl must be use
trade play swing trade
reward ratio 6% 25%
break out 44 cross
drop 42 will mean 40 and 38.50 cross under will mean drop to 34 26 area
targets 44 47 50
weekly look bullish
trade play
1 sl under 42 for load back at 40 and 38.50 level strong support zone
2 wait drop to the 40 area and put sl under
trade Risky
sl must be use
trade play swing trade
reward ratio 6% 25%
break out 44 cross
drop 42 will mean 40 and 38.50 cross under will mean drop to 34 26 area
targets 44 47 50
Comment:
bounce back how predicted near 38 $ this is the acumulation zone
Comment:
cgc now in acumulation zone near the support level as predicted