A KPN short sell. We have been at the top 2x before and then dropped to 3.119 or lower. A Good 1-1 ratio stoploss and take profit
Already got confirmatition for cup & handle formation. RSI is suitable. TP 3.10 SL Follow the trend line or 2.00
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It's just my personal vision. This idea does not provide the financial advice.
Part 2 has played out and sell zone hitted again now retrace and wait on buyzone. Follow me just started with charting my first year of legal trading!
Breakout trade: - Stopsell order below last swing low for confirmation of a continuation move to bottom of the daily range. TP is set in my order so I don't have to manage it. - If the order doesn't hit, we have 0% risk > this way of trading is very profitable in alot of setups, especially in trending markets.
It looks like KPN is about to fall with RSI and MACD topping out in a ascending wedge. Found 3 resistance lines where it might bounce, but it might also fail anytime now.
everything is ready for a nice rising A corrective wave has finished in s/r zone (50-61.8 fib ret ) A descending trend line and a pivot point is broken