Long
VRX, Another trade for risk lovers.
Updated
CMG did bounce off the support and a 2618 trade is just on the mark;
while another stock that is hated for quite a long time gives a long opportunity for risk lover, too.
It's rare to see 2 harmonic patterns suggesting similar entries, which makes it worth watching carefully!
It still better to wait for reversal sign in smaller time frame instead of put a buy limit to create liquidity for it.
And of course, a VRX long, actually a VRX trade means HUGE RISK including the overnight gap ,
so don't try this trade if you don't position yourself a risk lover kind of trader.
*Educational use only
while another stock that is hated for quite a long time gives a long opportunity for risk lover, too.
It's rare to see 2 harmonic patterns suggesting similar entries, which makes it worth watching carefully!
It still better to wait for reversal sign in smaller time frame instead of put a buy limit to create liquidity for it.
And of course, a VRX long, actually a VRX trade means HUGE RISK including the overnight gap ,
so don't try this trade if you don't position yourself a risk lover kind of trader.
*Educational use only
Note
hitting the area, wait for reversal signs !
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.