*Not trading advice, entertainment purposes only, DYOR
Reasons for a trade: 1.) Putting in market structure at or below 78.6, off fibs from 3 most recent highs. 2.) Has W and working on confirmation of larger W 3.) Moving Average Convergence 4.) Put in market structure after break of 2 significant downward sloping trendlines 5.) Divergence in MACD 6.) Market structure and cross on the Willy coming out of oversold 7.) Market Structure on OBV w/MA cross 8.) Bears falling asleep 9.) Beautiful candle body that closed above VP POC 10.) 2:1 RR just above gap at top of most recent range 11.) 6.1:1 RR by a return and touch to 200MA. 12.) 10.2:1 RR by returning to Gann 50% 13.) Near Original breakout out levels from 1992, sheesh
Enter trade at check of top of double bottom $6.30 Set stop just below double bottom at $6.01 Sell 1/2 my position at 2:1 ($6.88) and move remaining to scratch. use 3 highs/Lows method on remaining if PA continues to put in bullish market structure. GE
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