Hey everyone,
The chart shows bullish flag and held strong support at 47-48 price level. One thing that worries me is the liquidity below 47.5 (in green circle), because the price always makes big moves after a liquidity sweep, which in this case didn't happen yet.
So i expect one of two scenarios that might happen, either the price will go briefly below 47 to sweep the liquidity, create a wick and move to the upside from here or the price will just breaks the trend line, retraces and then continue upwards.
so my advice (do your own research before you take any position) is to DCA into position, meaning, every time the stock drops 1 Egp, buy and increase your buying power, every time the price goes lower (example, buy 1 share at 54, 2 shares at 53, 3 shares at 52 and so on), and for all your buying positions have a stoploss at 45 EGP.
The chart shows bullish flag and held strong support at 47-48 price level. One thing that worries me is the liquidity below 47.5 (in green circle), because the price always makes big moves after a liquidity sweep, which in this case didn't happen yet.
So i expect one of two scenarios that might happen, either the price will go briefly below 47 to sweep the liquidity, create a wick and move to the upside from here or the price will just breaks the trend line, retraces and then continue upwards.
so my advice (do your own research before you take any position) is to DCA into position, meaning, every time the stock drops 1 Egp, buy and increase your buying power, every time the price goes lower (example, buy 1 share at 54, 2 shares at 53, 3 shares at 52 and so on), and for all your buying positions have a stoploss at 45 EGP.
액티브 트레이드
We are mooning boys. Told you so 거래청산: 타겟 닿음
take 50% here off the table boys. But i think it will continue to move up north. But no one goes broke taking profits, you know. 노트
if you held that long. Congrats :D
JOEXYZzz
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.
JOEXYZzz
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.