Looking to take a long if price should manage to get again above the blue trendline. Would buy on a retest then.
First target is the Resistance level (upper blue line) where i would take out my initial investment. Second is above the blue level, where i would close the rest of the position.
Dont forget: - Watch your Risk management - DYOR (Do-Your-Own-Research) - This information / article is only for educational purporses and not a recommendation to buy or sell. I'm not a Financial Advisor.
Thanks for reading! trader_se
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Price closed above blue trendline - will buy on retest.
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Hoping to get a close now of the weekly here then its a buy on retest as shown in the chart
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Looks like a frontrun. Will stay wait for a touch of the blue line - unless it hits the S/R level above. After that wouldnt buy.
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Bummer dont think i will get a chance to enter... might have been also a slightly mistake when i painted the trendline
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