NEO also looks like it wants to go higher. This level bellow 18.5 seems attractive to enter the trade - last four candles held up, this is 0.681 Fib level of last smaller rise and its just above support line that held for two times in the past. Trade setup:
- entry at 18.47
- stop loss at 16.49
- target at 26.95
Bigger picture:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
- entry at 18.47
- stop loss at 16.49
- target at 26.95
Bigger picture:
Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Order cancelled:
"The Postman Always Rings Twice, NEO only knocks twice on 18.47 from above", it seems. I missed this one, but better no trade than bad trade. Canceling this one.
Comment:
Hm, too bad I canceled this trade. Who knew it will come that low. But than again, this would be pure luck trade, not the good one :)
