Quick follow up to the ATH idea for ALGO from the other day.
I've projected the last 3 or four 4 pullbacks on the trend, and we can see a clear cluster forming between .95 and 1.10 (which comes naturally as this is the psychological barrier of 1$), after that the next target would be in the area of ~1.45.
The way I would trade those levels (since I already have a bag) is by letting them be confirmed as support and afterwards using them as SL for my holdings to get some peace of mind.
I've projected the last 3 or four 4 pullbacks on the trend, and we can see a clear cluster forming between .95 and 1.10 (which comes naturally as this is the psychological barrier of 1$), after that the next target would be in the area of ~1.45.
The way I would trade those levels (since I already have a bag) is by letting them be confirmed as support and afterwards using them as SL for my holdings to get some peace of mind.
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Publicações relacionadas
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.