Ascending triangle on the daily LTCEUR.
Green 2 went above a green 1 on the TD Sequential.
If the breakout happens, the target is around 34. The 100 day may also be relevant at around 36. At this exact moment the 1 hour is correcting a bit. The best entry point is probably at 28,50.
I would put the stop at 27,50.
Best regards,
Alexandre Simões
Green 2 went above a green 1 on the TD Sequential.
If the breakout happens, the target is around 34. The 100 day may also be relevant at around 36. At this exact moment the 1 hour is correcting a bit. The best entry point is probably at 28,50.
I would put the stop at 27,50.
Best regards,
Alexandre Simões
Comment:
Update stop loss to 29,70
Comment:
Ascending triangle target reached. Sell 50% and update stop loss to 32 for the other 50%.
Trade closed: target reached:
It went exactly to the 100 day MA around 36 after correcting a little bit on the ascendig triangle target. Both targets reached. Trade closed.