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Stratis is breaking out, but wait for more confirmation

Stratis is trying to break out, testing the yellow trendline but I'm not yet convinced.
I wouldn't be surprised if it falls back to the red trendline. I want to see RSI lower and the pattern alongside the blue trendline is corrective
Before you jump in this trade, wait for clear confirmation.
Clear breakout would be breaking the upper blue trendline. My advice is to wait for that or wait till it goed lower for a new try later.
Target: blue zone, based on Fibonacci extensions. That would be 3rd leg out of 5 legs up. Target for 5th leg will be determined in next updates.
I wouldn't be surprised if it falls back to the red trendline. I want to see RSI lower and the pattern alongside the blue trendline is corrective
Before you jump in this trade, wait for clear confirmation.
Clear breakout would be breaking the upper blue trendline. My advice is to wait for that or wait till it goed lower for a new try later.
Target: blue zone, based on Fibonacci extensions. That would be 3rd leg out of 5 legs up. Target for 5th leg will be determined in next updates.
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Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.