I think this is a possibility, therefore I have set a limit to buy on the breakout. It's likely that it could go much higher than it is right now after the upcoming events of the next few days. If the trigger doesn't hit, nothing is lost.
* My first published idea. Not much analysis. Just an idea for a trade. How am i doing?
* My first published idea. Not much analysis. Just an idea for a trade. How am i doing?
Comment:
If the trigger is hit, feel free to liquidate your position on any of the minor supports and resistance lines if you feel the momentum is lost.
Comment:
Trade Cancelled as things didn't work out the way I initially planned.