TradingView
MysteriousPersian
Apr 30, 2020 6:14 PM

looking for another impulse wave Long

SLANG WORLDWIDE INC.CSE

Description

Possible day trading signal here. Volume and liquidity are very good, almost 5 millions shares today and lots of shares in the order book. Possble targets at 0.215 and 0.245 as a second impulsive wave is likely.

Entry at 0.17

Comment

stop loss at 0.14 or before OED

Comment

EOD was not long enough to let this trade pan out. I will let it run for the next few days to see if it retraces significantly

Comment

The price action is stagnating, might stop out early to avoid getting stopped out as 0.14 as the more we hold this level, the higher the odds of the price travelling back down due to loss of short term momentum
More