Bullish wedge pattern forming. If we could get a little dip for a better entry point, this could be a nice potential trade. If you're agressive you can descide to buy to make sure you don't miss the next leg up.
NEM had a nice bullish run the pas couple of days, but is heading south in a pretty steep fall now. If it comes down to the previous structure level around the 0.618 retracement, i'm looking to buy again to continue the bullish sentiment.
Be carefull on this one. The fundamentals and recent news around NEO is verry bullish, price action has already showed this. Since I think this is a very bullish market at the moment, only the slightes pullback from the recent highs would give some opportunity to buy at a better price and ride with the trend up. Short stops in case it does turn around.
After a nice double bottom at a major structure level, a bullish break of structure took place. After the pullback to the 0.618 retracement of this bullish break out, now is the perfect time to buy on a 2618 trade to the upside.
On a slight pullback within the forming bullish triangle pattern, it's a perfect time for a long entry.
Since whe are in no mans land price wize and thus already broke previous resistance, I used fib extensions to determine profit taking targets.
Fib confluence on the pull back into daily structure around the current price level.
With 60M structure, price action showing long wicks to the upside and fib confluence. This is a decent place to SHORT for a high probability trade.