LEMONTREE formed an ascending triangle pattern on daily chart. With multiple support and resistance tested. Price broke out of resistance today with strong volume. Also note the low volume during consolidation and when price goes down indicating sellers are not willing to sell at lower price. This forms a good support for long opportunity. Moreover, the momentum has been on rise on every swing with a gap up on breakout indicating bulls are out there. Ideal risk reward with stop just below last breakout candle low.
Hope you like this idea, if so please boost this idea or leave a comment below on what you think. I'll be glad to hear from you. otherwise happy trading :-)
Hope you like this idea, if so please boost this idea or leave a comment below on what you think. I'll be glad to hear from you. otherwise happy trading :-)
"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." — George Soros
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"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." — George Soros
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。