JAG broke out of 0.40 resistance on 7th April, and continue hovering above 0.40, and going as far as 0.45. Today it gapped up, and broke 0.45. Possible flag/pennant chart identified, and it broke out of the pattern. Stochastic just did a bullish cross, but not yet overbought zone. SMI in high volatility area, so I expected quite a turbulent price hike/dive in the next few days.
EP: 0.468 (avg)
TP1: 10%
TP2: SMI turned dark green or ATR SL hit (will be updated daily)
SL: 5% / 0.445
JAG
EP: 0.468 (avg)
TP1: 10%
TP2: SMI turned dark green or ATR SL hit (will be updated daily)
SL: 5% / 0.445
JAG
Trade closed: target reached:
TP at 0.52 on 3rd May