After rejecting off the L1 ( white line ) in the second week of January @48k my next target by default is the L2 ( red line ) @30k by the end of Q2 or beginning of Q3.
These support & resistance levels are calculated using my proprietary tool called LifeLines. Think of them as moving averages on steroids.
I doubt that this happens but in the case that we close the month of February above 48k then I will be waiting for a closure below again before entering another position. In other words I am very confident that we will see a greater pullback before continuing the greater trend to the upside.
Stop loss @49k
노트
Unfortunately I underestimated the power of this move ( my mistake ) & our next sell target has risen to approximately 55k as shown in the updated chart above [ purple line ( L0 ) ].
After surpassing our local high @48k my stop loss was triggered @49k.
There is a little more room for BLX to go before pulling back to the L2 ( red line ). As a result I have sell orders awaiting to be triggered @54-55k.
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.