Before trying this idea it should be noted this is a high risk long trade setup. The price has been rising up inside a main uptrend channel and currently just tested the baseline of this channel and tending to move inside an another baby channel. I would like to buy as close to the baseline of the baby channel as possible.
There would be a breakout situation beyond 1135, where the Bat Action Zone would be triggered. It may take the stock as high as 1173 which is the PRZ as well as a previous resistance zone. I ll take PP @ 1160.
Always follow your trade management rules before trading my ideas.
Trade safe, stay healthy.
Do hit the like button, b'coz you know why :)
Regards
Bravetotrade
There would be a breakout situation beyond 1135, where the Bat Action Zone would be triggered. It may take the stock as high as 1173 which is the PRZ as well as a previous resistance zone. I ll take PP @ 1160.
Always follow your trade management rules before trading my ideas.
Trade safe, stay healthy.
Do hit the like button, b'coz you know why :)
Regards
Bravetotrade
Trading ditutup: target tercapai
Komentar:
Bearish BAT played its role very well. Price reversed exactly from PRZ and completed 38.2% and 61.8% targets.
JJ Singh
Trader/Investor
Moderator, TradingView
🚀Join t.me/jjsingh_2020 ,
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Trader/Investor
Moderator, TradingView
🚀Join t.me/jjsingh_2020 ,
A Free Education channel
🚀Tweet at twitter.com/JaySingh_2020
Already took partial @ 1160.