Disney Investment has been fading Aladdin Live Action Opening Weekend was $100 Million Disney has a library full of animated films we all have watched Potential to convert them to live action is great Increased investment interest may be coming
Price has been consolidating Continuation Triangle Pattern has be created which has a bullish bias Volume, ATR & Volatility have been dropping from consolidation Wait for a candle close on the triangle trendline bullish breakout Wait for an increased volume bar Volume bar reaches average atr line then trade 100% If volume bar only reaches 75% then trade 50%
Open 2 trades Both SL is 1.5 of ATR of entry candle 1st trade TP is 1xATR of entry candle 2nd trade no TP - when 1st TP hit move this SL to Break Even let profit run 2nd trade - move stop loss to follow trade
Note
1st half TP hit 2nd haf TP running Adjusting SL to follow price
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