Hi all:
We will plan in the Daily timeframe.
The trend is break the triangle...(B or 4) in the upside.
I think it is the wave-C or W3 in Bigger A.
My TP is at 100% (resistant zone 1) and 161.8 (resistant zone 2)
Plan:
Buy with 123 pattern , stop loss at HL on 1H timeframe for minimum loss.
1-2% risk up to you.
TP and RR, i think it should better 2.
Cheers ! Do...
CRM has been showing relative weakness after the breakout failure in February that started deeper correction. The stock has lost support of all moving averages and spend descent ampount of time below 200 moving average.
A break below $48 could resolve this bear flag pattern to downside. Stop could be placed above $54 where the 200 EMA comes in play. Target could...
