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shkspr
Jul 16, 2021 2:37 AM

Long | EVK Long

Description

NASDAQ:EVK

Possible Scenario: LONG
Evidence: Price Action, P/F reversal sign on 14th July, break out confirmation with high volume.

TP1: 4
S: 2.80
*This is my idea and could be wrong 100%

Comment

It's at strong support level, it's a very good buy opportunity, after confirmation.

Trade closed: target reached

just wow
Comments
joziaz
👏🏼
Mihai_Iacob
Nice and clear
Slen_Nosnikta
nice work by the way. I'm learning a lot from your charts!!
shkspr
@nelsatkinson, thanks, I'm glad it helps you, GL
Slen_Nosnikta
also i use ichimoku which also have great reversal sign on 14th. the conversion line crossed above the base line today. with price above both and all three above green future cloud. i am a little cautious for the double top to that resistance line and the volume of July 2nd equalling the 14th. I'll wait for 3.25 break out.
shkspr
@nelsatkinson, I'm not using ichimoku, I know it works vey well, I count on volume for this trade, if it didn't have enough volume, then double top could be happen, but I see a very week possibility at the moment, maybe we see a small resistance but I don't expect any issue for next week, it's a swing/trade for me.
Slen_Nosnikta
what price unit and box size do you use for the p and f?
shkspr
@nelsatkinson, default settings for 1D analyzing, just in rare scenarios I change it based on price.
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