⚠️ Risky setup!
If it breaks out the first descending trend line, entry at $75.36, stop loss at $65.59.
The first “mini” target at the 50 moving average $80 with a high risk of resistance and bounce back, therefore, move the stop loss at break even.
If it breaks out the $80 resistance line, then the next target is $87.71
If it breaks out the first descending trend line, entry at $75.36, stop loss at $65.59.
The first “mini” target at the 50 moving average $80 with a high risk of resistance and bounce back, therefore, move the stop loss at break even.
If it breaks out the $80 resistance line, then the next target is $87.71
📖 Read the book: "Day Trading That Works. For novices & advanced beginners. From $0 to $1,000,000 in 3 years."
💻 Read the blog: day-trading-that-works.com
💻 Read the blog: day-trading-that-works.com