Devon Energy - Ascending Triangle - Buying opportunity
An ascending triangle was spotted.
Ascending triangle has a higher probability of breaking upwards
The price right now is at the lower trend.
To buy now when market opens again. Price around 34.41.
There's a lot of selling pressure in the market right now.
Since this is a buying opportunity, we should have a smaller position than usual.
Price target 45.
Stop when candlestick closes below the lower trend line.
Ascending triangle has a higher probability of breaking upwards
The price right now is at the lower trend.
To buy now when market opens again. Price around 34.41.
There's a lot of selling pressure in the market right now.
Since this is a buying opportunity, we should have a smaller position than usual.
Price target 45.
Stop when candlestick closes below the lower trend line.
Dagangan aktif
Trade was opened at 34.62. Dagangan ditutup secara manual
There's been a lot of selling pressure due to US tariffs. Manually closed the trade @ 6.26% profit.
Wait and see and if there's any breakouts. Be it above the upper or lower trend line.
Nota
In the end, it breaks downward.
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.
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.