Hello trader,
there could be an nice formation of a Bullish Flag at Fantom.
When we will see a bullish confirmation at round about 1$ with a daily and 618 Fib support, there could be a good chance for a nice long trade.
When we leave the channel, we could set another entry and with the setup for both entries:
Maybe you should stay with 10-15% of your entries in the trade.
When we break the resistance line of 1.45$ constantly, the next target is 1.65$.
Could we see a new alltime high? I have no idea. But when, we are prepared :)
Lets keep our eyes open for this :)
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Just remember - this is just an option and an idea of myself.
U can use my idea to do your own research and always take care of your risk management!
------
Feel free to like and comment my post, if u like it :)
I wish you some profitable trades!
there could be an nice formation of a Bullish Flag at Fantom.
When we will see a bullish confirmation at round about 1$ with a daily and 618 Fib support, there could be a good chance for a nice long trade.
When we leave the channel, we could set another entry and with the setup for both entries:
- Take Profit 1 at 1.27$
- Take Profit 2 at 1.45$
Maybe you should stay with 10-15% of your entries in the trade.
When we break the resistance line of 1.45$ constantly, the next target is 1.65$.
Could we see a new alltime high? I have no idea. But when, we are prepared :)
Lets keep our eyes open for this :)
------
Just remember - this is just an option and an idea of myself.
U can use my idea to do your own research and always take care of your risk management!
------
Feel free to like and comment my post, if u like it :)
I wish you some profitable trades!