Is Buying the Support here a good idea?

2017年8月14日

INSY has reached it`s Pivot Support Zone @ 8,75$. Trading below that level could initiate a sharp sellingwave. In my opinion are here based several strategical and tactical stop loss orders which could acellerate the downmove.

-The anticyclical risk Lover could buy this actual Level, this anticyclical Long has a very nice Chance-risk Ratio. I don`t trade such situations - i never fight against the trend. The TP could be the min. correction fibo @ 10.75$ -My favourite Szenario would be the breakout, the break of the Support.

The RSI is signalizing, that we perhaps will not break direct through the Support Level, so i exspect a move like illustrated with the blue line.

2017年8月14日

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the first step is done

2017年8月14日

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the support was bought....let`s see if it is sustainable

2017年8月16日

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2017年8月22日

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it seems not to be sustainable, it seems very weak to me so i exspect a dynamic sell off theses days if we trade belo 8,75

2017年8月22日

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this is the last Chance to take a Long....but that is anticyclical and very risky, so u should wait for a procyclical Long Signal, for example stoppbuy > 9,5

2017年8月22日

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for me the most Logical trade is the short, stoppsell below the lows at 8,75

2017年9月4日

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bearish Flag Attack!

2017年9月20日

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reached trading mark again! attention pls!

2017年10月2日

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they really bought the support again...against my exspectation! we kissed the upper sedge of the flag -this is the next decision point

2017年10月10日

交易开始

2017年10月10日

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flag is activated

2017年10月17日

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neearly reached flag tp

2017年10月26日

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downwave in full swing...

2017年10月26日

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the Chart brightens in the shortterm view with Prices > 7,7

2017年10月26日

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yeahhhhhhhhhhhhhhhhhhhhhhhhhhhh

2017年10月26日

交易结束：到达目标

2017年10月26日

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Is this a buying candle near the trend bottom edge, the possible "2?" ?