Acb

Nov 19, 2021

I was looking deeper into Acb as I got stopped out of my trade i entered at 7.66$. I was expecting a back test of 7.57 range but we fell right through. So I dove deeper and came up worh a monthly pattern. Now we seem to have a HUGe symetrical triangle with little time left in this The target of this is 21$. As we can see the downtrsndinf reistance has held us down so much even during the run to 20$ we couldn’t close above. At this time that resiatnce is around 9$ which means breaking and closing a weekly body above 9$ and opening a powerful candle with volume can be an amazinf of trade Lower symetrical uppprt is 6.15 so stops below 6$ or just watch we don’t break and close below. I’m still bullish but anything can happen. I did add some postion around 7.08$ to test this idea with stoploss at 5.99 Good luck !
Remeber nothing is gaurenteed in trading