11145 W formation
Reason for long
a) W formation in development
b) Buy at open with SL below the swing low. Buy at open (BAO) or Long at Open (Lao) is only valid if there is not gap up or gap up within 2%.
b) Any Gap down opening below 2% invalidates the set up
c) QQE support for long
d) Duration: 3% in intraday or 15% in next 40 days
e) SL compulsory
f) Weekly breakout possibility
Purely technical
a) W formation in development
b) Buy at open with SL below the swing low. Buy at open (BAO) or Long at Open (Lao) is only valid if there is not gap up or gap up within 2%.
b) Any Gap down opening below 2% invalidates the set up
c) QQE support for long
d) Duration: 3% in intraday or 15% in next 40 days
e) SL compulsory
f) Weekly breakout possibility
Purely technical
Note
gap up more than 2%invalidate the entry,
but for long now price has to cross 98.9
Trade closed: stop reached
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