📝At the moment the price is trading inside the mirror ascending channel, within which we have shown a slight reaction to the POC volume level💸
Soon I expect to see a false breakdown of the lower boundary of the pattern with a test of the valid support zone and continuation of growth to the resistance zone⏳
🔜I plan to enter the trade from current(11.5$-11$).
🛑 Stop loss will be at the level of ($10.5)
✅First take (12.13$)
✅Second take ($12.47)
✅Third take ($12.822)
When the first take is reached, the stop loss should be moved to breakeven. Reaching the third take will be 11% of the net movement excluding shoulders.
Type of issue
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Reported
Jul 23 at 9:44 PM
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📝At the moment the price is trading inside the mirror ascending channel, within which we have shown a slight reaction to the POC volume level💸
Soon I expect to see a false breakdown of the lower boundary of the pattern with a test of the valid support zone and continuation of growth to the resistance zone⏳
🔜I plan to enter the trade from current(11.5$-11$).
🛑 Stop loss will be at the level of ($10.5)
✅First take (12.13$)
✅Second take ($12.47)
✅Third take ($12.822)
When the first take is reached, the stop loss should be moved to breakeven.
Reaching the third take will be 11% of the net movement excluding shoulders.