About meI train people how to trade at an institutional level, and learn advanced methods, for free @ https://www.youtube.com/c/c0tt0nc4ndyTA
Too often people are paying good money to learn bad trading.
MTL is looking to break out of a long term wedge that started 4 months ago. Looking for a test of the 1444 monthly level, followed by a test of the 1900 swing low that started the down trend.
Targets in chart, use at your own discretion.
Theta is trying to close out the 12 hour 200 day MA. It's using the ending of a long term wedge as support.
Entry at 1390 sats
Exit at the level you feel comfortable
Stop out at the % you feel comfortable using. My levels are guidelines.
I wouldn't suggest stopping below 1311, hence why I didn't mark it on the chart.
has finally stopped the bleed, and now has room to enter long. We're looking to test trends, and complete this valley.
Confirmed entry at wedge break with accumulation on support.
Stop out where you're comfortable off current support
MTL bouncing off Support low of 1030 for the time being.
Risk vs reward is the local 1016 swing low, vs Whichever target you choose for the close high.
Good swing trade, with little risk. Entry 1030 support low.
Wedge can be identified off trend touch bounce, after trend was broken.
Support has been confirmed now as seen in the Yellow boxes. A move up should follow, with a test target of 2842. At 2842 expect to see a pullback, and if 2842 wicks past we will gain the 2810 support. 2810 support is only confirmed once we wick past 2842.
As Neo has exited it's trend, it's recovering from a bounce off of 2777 level.Enter Neo at 2978 upon confirmed entry close. Stop out a few sats below 2777. Nice safe trade for a good (5% safely) or 10-20% if you like a little more risk.
Chose your target from the levels I've marked above.