1810 trade ideas
XIAOMI - 1810 - Add to the watchlist - buy on strengthXiaomi price rallies have previously failed - so no rush to enter this trade - yet.
A new all time low recently printed and I have drawn a green count back line from the height of the 3rd lowest candle.
An initial close above the line triggers my alert but with caution.
I will wait for price to hold above the line a bit longer and monitor for supporting signals
like rising buyer interest - volume and price closing at highs for the day rather than the lows.
XIAOMI: Bullish Bat Pattern for XIAOMIXIAOMI has a deep drop recently, but it maybe give us a chance to buy.
A bullish Bat pattern is forming.
The PRC is at 9.8 where a good demand zone locates.
So it is good to buy at 9.6-9.9 levels.
Entry: 9.6-9.9
SL: below 9.4
TP1: 10.7
TP2: 11.9
TP3: 13.5 and further more
