Adam and Eve is a kind of double bottom. The entry is triggered as it breaks above the neckline of the pattern.
The expected A&E price target will be the equi-distance from the low of the A&E pattern to the neckline, projected up from the neckline ("D" on the chart), which brings it to about 23.50.
Initial stop loss will be placed just below 17 and I will trail the stop up when trade goes our way.
Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you. Do give me a thumbs up if you agree. Feel free to let me know what you think! :)
The expected A&E price target will be the equi-distance from the low of the A&E pattern to the neckline, projected up from the neckline ("D" on the chart), which brings it to about 23.50.
Initial stop loss will be placed just below 17 and I will trail the stop up when trade goes our way.
Disclaimer: TA is about improving our odds of a successful trade (not a guarantee). This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Thank you. Do give me a thumbs up if you agree. Feel free to let me know what you think! :)
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。