Possible Bullish Flag
Risk management is much more important than a good entry point.
The max Risk of each plan should be less than 1% of an account.
I am not a PRO trader. I trade option to test my trading plan with small cost.
Id really like to see price action break above 1.75 for a confirmation, but it does seem we have bottomed out here on the daily already at 1.13.
We are off the bottom a bit, but still have a real nice R:R. We could always come back down to backtest this last rescandle close resistance at 1.36.
Looking at historical price action on this asset, everytime we make...
LGHL is a crypto currency group from asia that recently agreed to develop blockchain exclusively in Dubai, one of the richest countries in the world. Still in their early stages, they have shown a great amount of volatility, and look to be in an accumulation phase, buying in at low prices and testing the market before their next major push to 5 (?) dollars. also...
Still a beginner at reading charts. Was looking through a scanner for reddit stock rankings, and found this ticker with a score under 300 (referenced by someone who says this score range is more likely to profit than a higher rank.. Possibly at a strong support at the moment, so it can bounce up or trade sideways (since CCI indicator hasn't passed +50...
THIS IS MY TAKE ON LGHL
PLEASE CRITIQUE MY WORK AS IM OPEN ALL EARS TO LEARNING FROM MORE EXPERIENCED TRADERS!
*PLEASE DO NOT LISTEN TO ME ON THIS AS I AM TESTING WATERS WITH USING THE STRATEGIES THAT I HAVE LEARNED OVER THE PAST FEW MONTHS AND WOULD LIKE TO SEE HOW THIS PLAYS COMPARED TO MY FINDINGS AND SPECULATIONS.*
IF ALL YOU HAVE TO OFFER ON THIS IS HATE...
Looking at the daily chart on LGHL it seems like it wants to break resistance. Another candle above the line of resistance is needed to confirm that. MACD is looking bullish and i think if we were to have seen better market conditions, we could have seen this go higher.
Lion Signs Strategic Cooperation Agreement
Today announced it entered into a binding strategic cooperation framework agreement with Mr. Yao Yongjie, a leader in the global blockchain industry and the chairman of the board of directors of a public listed company on the Hong Kong Stock Exchange, Grandshores Technology Group Limited.
According to the agreement, the...