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PNUTTY
Jan 14, 2018 4:13 PM

VERGE - POTENTIAL BREAKOUT AS PRICE REACHES END OF FLAG Long

Description

- CURRENTLY APPROACH THE TIP OF THE FLAG
- SETUP BUY LIMIT AT 1275s WITH TP AT 1810s, SL 1033s FOR POTENTIAL UPWARD BREAKOUT
- CAN DO THE REVERSE SETUP FOR DOWNWARD BREAKOUT

Verge hasn't done anything interesting for a while (BOOOO), but it's price is approaching the end of that forming flag (YAAAAAAY). Could be worth setting up some buy limits for an upward breakout. Same setup possible for downward breakout.

Trade safely! Go Verge!



And now for the disclaimer!
** This information is for educational purposes only and not intended for advice on trading **
Comments
Angev
It might move up towards 1300sat then bounce once more.
PNUTTY
@Angev, hey there! thanks for the comment.

Yes - it very well could bounce up and down more
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