SNAP; Will We Be Screenshoting this Long Play?

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Let's go family! Breakaway Scalper moves have worked well recently. We are currently looking for a long signal entry from Breakaway Scalper (Green bar color) if the uptrend from Fractal Trend can continue to stay strong and confirmed (Green background).

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STRATEGY USED:Momentum Mover
Trend Confirmation = Fractal Trend
Entry Signal = Breakaway Scalper
Exit Signal = Breakaway Scalper OR Orderblock Mapping

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1. Fractal Trend is showing an uptrend (Green background color) for SNAP on the 1 hour chart.

2. Price has broken above the channel and is now consolidating on top of it.

3. We are currently looking for a long signal entry from Breakaway Scalper (Green bar color) if the uptrend from Fractal Trend can continue to stay strong and confirmed.

5. If we do get a breakout to the upside will be looking to see how price reacts at R1 - R3 resistance.

6. If we go lower we will look for reactions at S1 and S2 support.

交易开始:

Last hourly candle closed green, Breakaway Scalper signaling long. Watching out for the R2 range to act as resistance here though.

评论:

Stopped out on the last Breakaway Scalper long signal near the bottom but considering we caught this one here it has surely made up for any losses encountered previously.

Some basic ABC style move such as what I put on the chart here may work out well for continuation!