Long
CIVIC - Buy Opportunity - 46% ROI - 2.3:1 Risk/Reward
Okay let me say, I'm a tad excited about CIVIC based on what i'm seeing on the charts.
If you look at the DAILY chart, CIVIC could be in a for a MASSIVE run (If someone can tell me how to split screen the charts on a post i'll add it). While theislarger breakout pattern has not provided a clear consolidation zone as yet, if we were to project a target from the smaller time frame break out pattern (shown above) consolidation zone, CIVIC could be about to make a massive run with a 467% ROI.
The plan now is to trade trade the smaller time frame pattern and leave a part of the position to run.
Reason to BUY on a re-test of the consolidation zone OR breakout of the pennant:
Enjoy.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
If you look at the DAILY chart, CIVIC could be in a for a MASSIVE run (If someone can tell me how to split screen the charts on a post i'll add it). While theislarger breakout pattern has not provided a clear consolidation zone as yet, if we were to project a target from the smaller time frame break out pattern (shown above) consolidation zone, CIVIC could be about to make a massive run with a 467% ROI.
The plan now is to trade trade the smaller time frame pattern and leave a part of the position to run.
Reason to BUY on a re-test of the consolidation zone OR breakout of the pennant:
- Valid break-out pattern with a clear consolidation zone
- Consolidation occurring at the upper trend line of the larger break out pattern
- Smaller time frame break outs have reached target
- Increase in volume prior to break out
- Buy low / sell high
Enjoy.
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
Anmerkung
Anmerkung
Breakout from penant a good signAnmerkung
False break out for BETrade geschlossen: Ziel wurde erreicht
Closed partial profit on longer term pattern
Haftungsausschluss
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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.