Alright, so EDG had a massive pump in the recent past and we saw a correction in the market from this price spike. However, based on some indications I believe that the correction is (for the most part) over and that we'll see a massive upsurge once again.
For those thinking about making a position, I suggest that you place a sizable buffer before you consider a 1/1 retracement breakout!
Happy trading!
For those thinking about making a position, I suggest that you place a sizable buffer before you consider a 1/1 retracement breakout!
Happy trading!
Komen:
I predict there will be a mini correction from 15200, so if you're looking at a long position I recommend you to wait for this mini correction to occur first, and then wait for signs of a reversal.
Thanks a lot for the analysis,What is the possible trade entry point for short term? and what is the likely next target?
Balas