i know the SL is a bit far, but as the volume on this one is so low, its so easy for a marketmaker to eat your stop lossess.. as happened 29th of October.. Calculate your order size with your risk limit.. 2-months long ascending triangle, Good green (relative)volume candle.. Nice one to try out.. RSI is indicating bullish..
Broken resistance at 116 and made an S/R Flip.. SL below 108
- 4H Bullish Div - RSI Oversold - Close to previous big support area
Today is the last day of Oct-18 and if today we close below 6390, this will be the lowest closed month this year.. This might trigger short sellers more.. keep your SL tight for the alts.. We may head to first 6.153, and if that breaks as well, we may see 5.870..
Hidden bull div, good support zone, low risk tight SL..
Will be waiting to buy this at the green zone.. I will be placing orders from 39 to 32 and buying incrementally..
No trade zone for me, will be waiting for either the correction, either the supports to hold tight..
Ascending triangle on 4H, Falling wedge on 1H.. Nice little setup here..
Triangle setup, volume is so good.. so i wont wait to long till it touches triangle again.. will long around the top corner of the box..
hopefully in the end of its accumulation.. TP 50% at the TP level, rest may be history..
Expecting falling wedge to break upwards.. You may use a tighter SL as well..