Over a month ago I made an analysis on MANA where I went in detail on this trade. Basically, this falling wedge trade has the potential to be a portfolio defining trade with a risk-reward almost 100.
As of this week, the trade has been entered. This is a long-term trade with a run-time of likely over 1 year. Patience is key with this trade.
My overall view of the market has been quite bearish recently, but that doesn't mean that we can't look for good entries like this one. Always keep your eyes open for opportunities in the market.
As of this week, the trade has been entered. This is a long-term trade with a run-time of likely over 1 year. Patience is key with this trade.
My overall view of the market has been quite bearish recently, but that doesn't mean that we can't look for good entries like this one. Always keep your eyes open for opportunities in the market.
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