NBY setting up: Reversal, Breakout, pivot, support
NBY has successfully moved up from it's recent lows and pivot at 0.55.
A newly formed uptrend is supporting BUYS in the 0.64-0.67 price range.
Over the next 4-5 days I'd like to see price move to above grey area zone to 0.70.
This would show continuation of uptrend moving out of high point downtrend and above 0.67 pivot.
IF 0.70 is made the next target is 0.80.
Higher targets are 0.92, 1.02, 1.60 therefore watching how this set up develops.
Trade to win...trend is your friend...Manage the risk...make your success
A newly formed uptrend is supporting BUYS in the 0.64-0.67 price range.
Over the next 4-5 days I'd like to see price move to above grey area zone to 0.70.
This would show continuation of uptrend moving out of high point downtrend and above 0.67 pivot.
IF 0.70 is made the next target is 0.80.
Higher targets are 0.92, 1.02, 1.60 therefore watching how this set up develops.
Trade to win...trend is your friend...Manage the risk...make your success
Comment:
SL 0.60