Heromotoco Simple Price action Analysis Bullish
Atualizado
HEROMOTOCO was in Down Trend in the past and now it has started creating HHs and HLs in the candlestick chart, this is a signal of an ongoing Up-Trend.As long as the last HL is holding price should go up and make a new HH in this chart. I have used the Channel tool to find out the right Target for now.
The expectation is Price will go up to 3400 i.e., an approximate 11% Return on Investment in quick succession.
Trade fechado: objetivo atingido
Took its time but in the end achieved its target.
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