tradewithmitra

Electrolux B analysis on the daily timeframe

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tradewithmitra Atualizado   
OMXSTO:ELUX_B   ELECTROLUX, AB SER. B
Electrolux trend change confirmed to bullish based on the 123 trend change criteria on 8th July 2020. That also marks as the ascending triangle break.

Entered the trade on 27th July upon re-test completion of the ascending triangle. The overall ascending triangle target is 228.

My first target is at 198, which is just below the area of resistance.

18th August cup and handle pattern break suggesting a strong continuation trend

TARGETS:
198,214, 228
Stop loss:
147






Trade ativo:
18th August cup and handle pattern break suggesting a strong continuation trend
Trade ativo:
One can enter a long potion here with the target at 198
Trade fechado: objetivo atingido:
1st target hit sold off 2/3rd position!
Trade fechado: objetivo atingido:
Targets achieved!
Aviso legal

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