MASK - LONG
MASK looks incredible.
We have a clear inverse head and shoulders that is almost identical to that of bnb a week or so ago - which we traded and hit massive profits on. On top of that it is confirming a key level that acted as a low in 2022 and resistance prior to breaking above, as support. With that we have also hidden bullish divergence on both the MaCD and RSI.
The only thing is that the stop loss should technically be lowered to below the shoulder, as if we head there the pattern is still valid. Having said that, we are playing the key level as support, if this breaksdown and our stop loss is hit we will keep a close eye on it.
We have a clear inverse head and shoulders that is almost identical to that of bnb a week or so ago - which we traded and hit massive profits on. On top of that it is confirming a key level that acted as a low in 2022 and resistance prior to breaking above, as support. With that we have also hidden bullish divergence on both the MaCD and RSI.
The only thing is that the stop loss should technically be lowered to below the shoulder, as if we head there the pattern is still valid. Having said that, we are playing the key level as support, if this breaksdown and our stop loss is hit we will keep a close eye on it.
Nota
Great PA so farNota
Lets get above 4 and then we can flyNota
As we said the shoulder was the technical point of play. We were stopped out unfortunately and shouldve been more attentive after we were. Its the game though, we'll improve nect time
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Penerbitan berkaitan
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.