I've been holding MCO for long time because I've made a mistake and my SL wasn't triggered. And as we all know - the trader who doesn't follow the rules become investor =)
In any case, that is the reason I watch MCO and now I see it has possible move up for at least 10-12% profit. Just need BTC to bounce of current channel lower borders at ~3740.
Buy zone around 600. Last resistance is at ~625 area. After the price will easily go up to 670-680. There will be next resistance wall. Will it break it or not, too early to say.
In any case, that is the reason I watch MCO and now I see it has possible move up for at least 10-12% profit. Just need BTC to bounce of current channel lower borders at ~3740.
Buy zone around 600. Last resistance is at ~625 area. After the price will easily go up to 670-680. There will be next resistance wall. Will it break it or not, too early to say.
Trade closed: target reached:
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