(Bursa) VIS: Potential 15% profit by next week
1. Price broke out of resistance area at beginning of August (blue arrow). Normal to see pullback after that.
2. Nice pennant pattern with doji bottom, which it hit a demand zone based on 1H chart. (Should have entered yesterday but too bad...didn't see this)
3. Forecast about 0.25 move, which happens to meet horizontal + trendline resistance.
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
2. Nice pennant pattern with doji bottom, which it hit a demand zone based on 1H chart. (Should have entered yesterday but too bad...didn't see this)
3. Forecast about 0.25 move, which happens to meet horizontal + trendline resistance.
Disclaimer: I'm not giving any trading and investing advice. I'm just sharing my chart observations.
If you have any symbols that you'd like me to analyze, feel free to drop me a comment.
Trade closed: target reached:
nice trade!