Long
Double bottom with divergence... Act on it
LGF created a bear trap by turning bearish on 19 Sept.
However, as the second bottom was created with a Hammer and Bullish MACD divergence,
i become optimistic.
31.06 - a tick above the hammer was triggered, (stop loss a tick below the low - 30.75)
To minimize my 3K risk, i took profit at 33.0 at exuberance seems to creep in with resistance level
However, as the second bottom was created with a Hammer and Bullish MACD divergence,
i become optimistic.
31.06 - a tick above the hammer was triggered, (stop loss a tick below the low - 30.75)
To minimize my 3K risk, i took profit at 33.0 at exuberance seems to creep in with resistance level
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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.