Huraian
⋅ Reasons to buy on a breakout from the consolidation zone:
- Valid break-out pattern with a clear consolidation zone (squeeze)
- Steady accumulation and increase in volume
- Smaller time-frame breakout patterns to the upside have hit target (trend continuation)
- High return on investment (44%) with 6.5:1 risk/reward
Please leave a comment and a like if you agree with this analysis.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice. Komen
⋅ Wait for the retracement to complete before adding more to position
Komen
⋅ Komen
⋅ Moved stops to BE for a free trade