Retesting resistance line Daily chart and Weekly chart Cruz is hitting resistance line. It pulled back previously and now its back to resistance. Wait for break out and retest on the .30cent before entering. SL : .25 cents. TP: .38/.40 cents
0URE trade ideas
CRUZ LongStalking an entry here for another swing higher. All of our indicators are turning. Daily entry preferred.
CRUZ LongTrialing a new entry technique. Almost automatic. Usually i will wait for a Green HK close prior to entering. This plan is to trail a stop buy order down the flat topped HK's to buy me in on a reversal. The trend is already set as upward to my best analysis. Target will be the trend line followed by the Monthly 100MA which we've already tested once. Small position as a tester. Full credit to Trading For a living by Dr Alexander Elder.
