BLNK is set up for a bounce off of it's daily support line. Next areas of resistance are the kijun (red line) and the daily resistance trendline.
On smaller timeframes, it looks like BLNK could pull back to the ~9.39 area. So I will set a limit order there and wait for a bounce.
Another strategy could be scaling or ladder buys here. Always plan your own position size.
This trade setup offers 5.21% downside, and 10.52% upside. For a R/R ratio of 2.02. Note that these numbers are based on an entry at 9.41. So buying in higher will change those variables slightly.
On smaller timeframes, it looks like BLNK could pull back to the ~9.39 area. So I will set a limit order there and wait for a bounce.
Another strategy could be scaling or ladder buys here. Always plan your own position size.
This trade setup offers 5.21% downside, and 10.52% upside. For a R/R ratio of 2.02. Note that these numbers are based on an entry at 9.41. So buying in higher will change those variables slightly.
Nota
Order filled at 9.41. Setting alerts at stop and targets now. Will exit when the price hits either-or.Nota
Took profit at about 5.5% percent, but it ran to 10%. I took profit a bit early on the morning strength, could have got more. Trade closing out here.
Join The Spekre ACS Creator Pool and gain access to exclusive trading indicators, copy trading, exclusive content, and more tools in the future! Link: hub.accessprotocol.co/creators/J8TpW6cypxheFUYjWn4mxS6ExvBEMxyMiRvrf43Nhnvy
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Join The Spekre ACS Creator Pool and gain access to exclusive trading indicators, copy trading, exclusive content, and more tools in the future! Link: hub.accessprotocol.co/creators/J8TpW6cypxheFUYjWn4mxS6ExvBEMxyMiRvrf43Nhnvy
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.