INSY has reached it`s Pivot Support Zone @ 8,75$. Trading below that level could initiate a sharp sellingwave. In my opinion are here based several strategical and tactical stop loss orders which could acellerate the downmove.
-The anticyclical risk Lover could buy this actual Level, this anticyclical Long has a very nice Chance-risk Ratio. I don`t trade such situations - i never fight against the trend. The TP could be the min. correction fibo @ 10.75$
-My favourite Szenario would be the breakout, the break of the Support.
The RSI is signalizing, that we perhaps will not break direct through the Support Level, so i exspect a move like illustrated with the blue line.
-The anticyclical risk Lover could buy this actual Level, this anticyclical Long has a very nice Chance-risk Ratio. I don`t trade such situations - i never fight against the trend. The TP could be the min. correction fibo @ 10.75$
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the first step is done
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the support was bought....let`s see if it is sustainable
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it seems not to be sustainable, it seems very weak to me so i exspect a dynamic sell off theses days if we trade belo 8,75
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this is the last Chance to take a Long....but that is anticyclical and very risky, so u should wait for a procyclical Long Signal, for example stoppbuy > 9,5
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for me the most Logical trade is the short, stoppsell below the lows at 8,75
Comment:
bearish Flag Attack!
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reached trading mark again!
attention pls!
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they really bought the support again...against my exspectation! we kissed the upper sedge of the flag -this is the next decision point
Trade active:
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flag is activated
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neearly reached flag tp
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downwave in full swing...
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the Chart brightens in the shortterm view with Prices > 7,7
Comment:
yeahhhhhhhhhhhhhhhhhhhhhhhhhhhh
Trade closed: target reached
Comment:
Is this a buying candle near the trend bottom edge, the possible "2?" ?