Write sometning about your psyhology thinking before trade? I am good at one week pause
Describe the trade. What you see? play within the channel on a way up
What have I done well for this trade? Enter point was at the right time maybe a little to late
What can I take away to help with later trades? that the stop loos in this kind of trades should be much wider,...
BBVA - Banco Bilbao has very good potential for long term profit if bounce back and close a daily candle above $6.80.
Obviously, the stop loss would be set under knee the lowest point and TP will be over $25.00 in long time.
Setting a buy stop at $6.80 would be a smart move.
Market Report by Abdolreza Sadreddini
Interesting chart here. Almost looks like basing out as a cup & handle or an awkward bull flag. Regardless wouldn't call it a textbook pattern by any means, but I've had past success with similar patterns. Big key here is the stock price is still above the 20-55day EMA's and is consolidating rather nicely right here. I'd like to see a strong volume push to $7.00...
BBVA rose high. I'm short since yesterday. Today it opened with a gap to the downside. RSI turned down.
There is hughe potential for a Spanish rain drop. Where is the plain? Let's try out.
If the MAs will be broken, we will see much higher momentum.