POLYMATH - Buy Opportunity - 56% ROI - 8.8:1 Risk/Reward
Will update the chart when a clear consolidation zone appears for a safe entry point, however I'm liking the signs already for a long term hold:
1. Steady accumulation period without any significant breakout
2. Smaller breakout on 15 min chart that has reach profit target = bullish sign
3. High return on investment (56%) with 8.8:1 risk/reward
4. Buy low & sell high
Enjoy.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
1. Steady accumulation period without any significant breakout
2. Smaller breakout on 15 min chart that has reach profit target = bullish sign
3. High return on investment (56%) with 8.8:1 risk/reward
4. Buy low & sell high
Enjoy.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
Comment:
Place stops, no volume
Comment:
Further tightening in a small range. Looks like its about to explode!
Comment:
Breakout confirmed, let's see where this goes!
Comment:
Trade closed: target reached:
Trade complete target reached.