2 SCENARiOS. I AM SETTiNG UP MY ORDERS TO PLAY OUT THE FIRST ONE.
1) iF WE HAVE STRENGTH TO GO ABOVE RESiSTANCE NOW, I THiNK WE SHOULD GO UP TO 56 LEVEL.
2) ANOTHER WAY WE MAY TOUCH THE SUPPORT LEVEL AT 46 AND CONTiNUE UPWARD MOVEMENT FROM THERE.
========================================
TRADE DETAiLS::
TRADE:: LTC_3
STATUS:: PLACED
TYPE:: LONG
SIGNAL:: 1H,4H MFI
FILTER:: PRiCE ACTiON
VOLUME:: $2100
ENTRY:: 51.41
TP:: 8%
SL:: 1,68%
PROS::
1.UPWARD MOMENTUM
2.HISTORICAL R/S LEVEL
3.30D ACCUMULATiON, iSN'T iT TiME FOR SOME DiSTRIBUTION?
CONS::
1.LADDERiNG STRUCTURE OF GOiNG UP. IT MiGHT BE NOT A BREAKOUT TYPE OF DEAL
2.KEEP iN MiND TO GO LONG FROM A LOWER LEVELS
OVERALL:: WHAT IF I SHOULDN'T FIX MY PROFITS AT 56 LEVEL? CONSIDER TO RUN YOUR POSiTION FOR SOME MORE PROFiTS, IF THAT'S REAL BREAKOUT
1) iF WE HAVE STRENGTH TO GO ABOVE RESiSTANCE NOW, I THiNK WE SHOULD GO UP TO 56 LEVEL.
2) ANOTHER WAY WE MAY TOUCH THE SUPPORT LEVEL AT 46 AND CONTiNUE UPWARD MOVEMENT FROM THERE.
========================================
TRADE DETAiLS::
TRADE:: LTC_3
STATUS:: PLACED
TYPE:: LONG
SIGNAL:: 1H,4H MFI
FILTER:: PRiCE ACTiON
VOLUME:: $2100
ENTRY:: 51.41
TP:: 8%
SL:: 1,68%
PROS::
1.UPWARD MOMENTUM
2.HISTORICAL R/S LEVEL
3.30D ACCUMULATiON, iSN'T iT TiME FOR SOME DiSTRIBUTION?
CONS::
1.LADDERiNG STRUCTURE OF GOiNG UP. IT MiGHT BE NOT A BREAKOUT TYPE OF DEAL
2.KEEP iN MiND TO GO LONG FROM A LOWER LEVELS
OVERALL:: WHAT IF I SHOULDN'T FIX MY PROFITS AT 56 LEVEL? CONSIDER TO RUN YOUR POSiTION FOR SOME MORE PROFiTS, IF THAT'S REAL BREAKOUT
Komen:
PRICE FELL FOR A SECOND (YELLOW) SCENARIO. I WILL TRADE A BREAKOUT IF IT GOES ABOVE 49
Komen:
Komen:
Komen: