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tradingconfibos
Jun 13, 2022 7:39 AM

SWING for COST (costco) - LONG Long

Costco Wholesale CorporationNASDAQ

Description

Hello traders,

How are you?

It's Monday so we have to review our swing portfolio.

One of the trade for today is COST, long.

As always the long volume is now greater than short volume so we have a long trade.

Remember this is a weekly chart timeframe so this is a very slow trade.

Have a good week everyone

Trade active

Comments
FiboTrader1
this is only a retracement to fuel a larger left down
tradingconfibos
@FiboTrader1, Hello, thanks for Sharing, The fibo it is only to check the potential resistences. My system is based in the my volume indicator which make a different betwen long volume and short volume. The volume caculate serveral candles, not only the candle which is creating (last one).

Have a good day.
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