Short term play. Potential Reversal Zone.
Neo
Entry; .00700-.007300
Exit .0078 .0084 .0088
Short term trade. Neo has landed on a major support zone. Neo has broken its structure as well. We can expect a pull back towards our strucuture as well as a re-test of our downtrend line. A break and print above .088 and we can keep NEO for the mid term for further targets as this will confirm a break of downtrend.
A potential 22% trade
Stop Loss; .005890
Neo
Entry; .00700-.007300
Exit .0078 .0084 .0088
Short term trade. Neo has landed on a major support zone. Neo has broken its structure as well. We can expect a pull back towards our strucuture as well as a re-test of our downtrend line. A break and print above .088 and we can keep NEO for the mid term for further targets as this will confirm a break of downtrend.
A potential 22% trade
Stop Loss; .005890
Trade active
Trade closed: stop reached:
Trade closed. Here is what we can expect for NEO unless we break above and re-test successfully.
Comment:
Telegram group entered inside the box provided above with targets. Here is our current trade setup.
Stop loss can be moved down towards .0575