SIA symmetrical triangle breakout

31 dic 2017

SCBTC
Based on 2h chart Ichimoku give us green light, DMI and MACD is supporting a long trade. The RSI still has room to go up till oversold.
Target around 350 - 380. Entry 225 - 235. Stop below the triangle.

31 dic 2017

Nota

We are seeing a test of the kumo breakout, very normal behavior, specially with the New Year holiday season when everybody wants to win. If you are in the trade have some patience, it will go up again soon.

1 ene 2018

Nota

Is going to move soon

2 ene 2018

Nota

Still looking good, from past movements SIA takes time after the breakout around 3-6 days till is going to really move up. Look at past patters and you will see what I'm talking about.

4 ene 2018

Operación activa

5 ene 2018

Nota

Target reached. Trade closed