═════════════════════════════════ Since 2014, my markets approach is to spot trading opportunities based solely on the development of CLASSICAL CHART PATTERNS
🤝Let’s learn and grow together 🤝 ═════════════════════════════════ Hello Traders ✌
After 20 months consolidation at the all-time highs, Kojamo could be ready to resume the uptrend (weekly chart shown). The Handle can be considered as a Cup & Handle in itself (orange one) which gives more consistency to the pattern.
Pattern Class: 🌕🌕🌕🌕🌕
Target area: 27.20
Breakout area above: 22.50
Entry Point and Initial Stop Loss depends on your Trading Plan Tactics and Money Management rules.
🔎🔎🔎 ALWAYS REMEBER "A pattern IS NOT a Pattern until the breakout is completed. Before that moment it is just a bunch of colorful candlesticks on a chart of your watchlist" ═════════════════════════════════ ⚠ DISCLAIMER ⚠ The content is The Art Of Charting's personal opinion and it is posted purely for educational purpose and therefore it must not be taken as a direct or indirect investing recommendations or advices. Any action taken upon these information is at your own risk. ════════════════════════════════