If you missed the initial break out, there is still an opportunity to enter using a LIMIT order to BUY should price re-test the consolidation zone:
1. Valid break-out pattern with a clear consolidation zone
2. Smaller time frame patterns have hit profit targets = trend continuation
3. High return on investment (32%) with massive 6:1 risk/reward
Enjoy.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice
1. Valid break-out pattern with a clear consolidation zone
2. Smaller time frame patterns have hit profit targets = trend continuation
3. High return on investment (32%) with massive 6:1 risk/reward
Enjoy.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice
Comment:
Target 1 hit, taken partial profit. Waiting to see how price reacts to the consolidation zone before re-entry
Comment:
Not liking how price is hovering near the consolidation zone. Much prefer a wick test and bounce. However until its broken this is still an uptrend and to be followed closely
Order cancelled:
Expect to break consolidation zone so not taking another trade.
