Dear traders,
Friends I came with a classical cup and handle breakout pattern.
Along with this idea we saw that there was a impulse before this consolidation (presently) . So we can guess a impulse in future.
The stock has already give the breakout and this is the time to play a buy move.
We expect a bullish movement for long term.
I setup a take profit and stop loss but I want to suggest in this trade that the trailing Stop loss strategy is the best 👍.
🧐➡️ After breakout there is a slow movement because of the overbought condition.
We can see the overbought condition by the RSI indicator.
Friends I came with a classical cup and handle breakout pattern.
Along with this idea we saw that there was a impulse before this consolidation (presently) . So we can guess a impulse in future.
The stock has already give the breakout and this is the time to play a buy move.
We expect a bullish movement for long term.
I setup a take profit and stop loss but I want to suggest in this trade that the trailing Stop loss strategy is the best 👍.
🧐➡️ After breakout there is a slow movement because of the overbought condition.
We can see the overbought condition by the RSI indicator.
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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.