CHBL is most probably in wave 5 or B
We are sharing our two preferred possibilities:
Green wave: If the wave unfolds as the green impulse wave then price will most probably reach 12 level & above
Red wave: if the wave unfolds as red correction, the price will most probably reach 10.70 - 10.90 level and reverse.
Important Note: This trade is purely speculative as CHBL is fundamentally a weak company in our opinion therefore we recommend small traders to avoid this trade.
Trade Setup:
Entry level: Anything less than or equal to 10.25
Targets:
1st target: 10.70 (will close 50% position)
2nd target: 12.00 (will close 50% position)
Let see how this plays, Good Luck!
Disclaimer: The information presented in this wave analysis is intended solely for educational and informational purposes. It does not constitute financial or trading advice, nor should it be interpreted as a recommendation to buy or sell any securities.
We are sharing our two preferred possibilities:
Green wave: If the wave unfolds as the green impulse wave then price will most probably reach 12 level & above
Red wave: if the wave unfolds as red correction, the price will most probably reach 10.70 - 10.90 level and reverse.
Important Note: This trade is purely speculative as CHBL is fundamentally a weak company in our opinion therefore we recommend small traders to avoid this trade.
Trade Setup:
Entry level: Anything less than or equal to 10.25
Targets:
1st target: 10.70 (will close 50% position)
2nd target: 12.00 (will close 50% position)
Let see how this plays, Good Luck!
Disclaimer: The information presented in this wave analysis is intended solely for educational and informational purposes. It does not constitute financial or trading advice, nor should it be interpreted as a recommendation to buy or sell any securities.
Anmerkung
We will enter this trade, once price breaks above 10.24.Trade ist aktiv
Apologies for updating this with delayEntry level: 10.30
Targets:
1st target: 10.70 (will close 50% position)
2nd target: 12.00 (will close 50% position)
Anmerkung
1st target reached, closed 50% positions at 10.70Anmerkung
stop loss at 9.31Anmerkung
we were anticipating an upward thrust but price has not moved as expected. Also, we have far better opportunities at hand therefore we have exited this trade.Trade wurde manuell geschlossen
We have closed remaining positions at 10.30.Overall performance -
Entry price: 10.30
Exit price: 10.70 (50%) & 10.30 (50%) - (10.50 averaged)
Profit @ share: 0.20
Gross profit: 1.94%
Anmerkung
Price will target 12 & above level now.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.