AR another leg up?
Hello all,
AR among the alts pumping very hard yesterday.
After being in a falling wedge, it seems to be at the end of correction and ready to break-out and do another leg up.
Here is what I'm thinking:
We need to pay attention to the supply area (grey) just above the wedge.
Cheers!
AR among the alts pumping very hard yesterday.
After being in a falling wedge, it seems to be at the end of correction and ready to break-out and do another leg up.
Here is what I'm thinking:
- Entry when the wedge is broken out
- Invalidation when the wedge is broken down
- If long, referenced TPs are in chart
We need to pay attention to the supply area (grey) just above the wedge.
Cheers!
Trade active
The wedge was broken and succesfully restested. AR has increased 18% since then.
Note
AR starts pumping againTrade closed manually
AR has been back to entry several time. It'd better to close this trade.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.