KOLD uptrend inside uptrend inside uptrend and possible going up
The oversold 
KOLD presents us with an interesting pattern of 3 uptrends inside each other on the 15 min chart, coming from a daily reversal.
The zone on the analysis is located in a sweet spot, giving us the opportunity for a first target at 5:1 and second target over 10:1. Even more if we're wanting to be patient and wait for the breakout the weekly resistance.
Risk: 0.76 per share
Shares: 131 ($100 total risk)
Target 1: 75.43
Target 2: 80.91
I will take the trade a second time if price hits stop loss and goes back up in the trade direction, as price crosses entry point going up. There's a second zone sitting right below the first one.
KOLD presents us with an interesting pattern of 3 uptrends inside each other on the 15 min chart, coming from a daily reversal.The zone on the analysis is located in a sweet spot, giving us the opportunity for a first target at 5:1 and second target over 10:1. Even more if we're wanting to be patient and wait for the breakout the weekly resistance.
Risk: 0.76 per share
Shares: 131 ($100 total risk)
Target 1: 75.43
Target 2: 80.91
I will take the trade a second time if price hits stop loss and goes back up in the trade direction, as price crosses entry point going up. There's a second zone sitting right below the first one.
Trade aktif
Hit stop loss on its way down, so I took the trade a second time. Took some profit @74.72 and moved stop to BE. Letting the trade play now up to the 5:1 target.Trading ditutup: stop tercapai
B/E hit - small profit on the trade.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.