The fib ratios look good on the BAT pattern and if it plays out we should see breakout towards $2.8 and strong move down after that.
We also see a clear long term bullish divergence on the accumulation distribution indicator.
Set a tight stop loss around 2.41 and enter now !
Please note that I am not licensed to provide financial advice and that this is just a speculative setup. Do your own analysis and due diligence before trading, I do not take any responsibility for your losses. Give a thumbs up if you wish to see more from me!
Comentarios:
First profit taking opportunity is now. Or, for the conservative traders you can close the position now if you wish.
Operación cerrada: objetivo alcanzado:
Could have took profits higher but we live to trade another day!
Enjoy your profits!
Enjoy your profits!