TradingView
Prober7314
Jan 9, 2024 7:19 PM

volatility tip off for bottom fishing Long

TILRAY BRANDS INCTSX

Description

the target for the year is 3.88 , if you measure the range from the dip to the target you get confirmation of you bottom, you won't be flushed if you use this format in conjunction with the risk reward profile for the yearly view timeframe to get your max shares. You can also increase your risk reward ratio should the price drop by adjusting the risk reward line towards the stop price range such that you go from 1 to 1 risk reward to 4 to1, its a great way to fight back the whiplashing that surely will occur
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