ASR SL-$269,91 TP-$297
Technical Analysis:
Accumulation with a rounded bottom and compression on the daily chart
False bottom on the daily chart
Tenkan and Kijun crossover on the weekly chart
MACD crossover on the weekly chart
Trendiness
Additional Note:
The issue with this trade is the very tight stop loss to meet the 1:1 risk-reward ratio. Let's hope it holds.
Accumulation with a rounded bottom and compression on the daily chart
False bottom on the daily chart
Tenkan and Kijun crossover on the weekly chart
MACD crossover on the weekly chart
Trendiness
Additional Note:
The issue with this trade is the very tight stop loss to meet the 1:1 risk-reward ratio. Let's hope it holds.
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.
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.