Signal_Centre

NEO - Continuation higher expected.

Long
Trade Idea - We look to Buy at 9.9650

Broken out of the wedge formation to the upside.
The continuation higher in prices through resistance has been impressive with strong momentum and shows no signs of slowing.
After strong buying pressure at the start of the week the pair consolidated yesterday with little net change and all price action within the upper half of the previous day’s range.
Bespoke support is located at 9.965.
Expect trading to remain mixed and volatile.

Stop: 9.050
Target 1: 16.50
Trget 2: 17.00

Join us in our new Crypto Telegram channel - t.me/signalcentre_crypto

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.