Panjang
Frontier (FRONT)

On the above 2-day chart price action has corrected over 60% since the 200% move in September (idea attached). A number of reasons now exist to consider a long position. They include:
1) Price action and RSI resistance breakouts.
2) Price action backtest on past resistance confirms support.
3) Volume. Money Flow resistance breakout. I don’t know why, but more money is flowing in than out.
4) The pennant formation, a reliable chart pattern on confirmation. Price action forecast is determined from taking the flagpole extension to the breakpoint.
Is it possible price action falls further? Sure.
Is it probable? No
Type: Trade
Risk: <=6%
Timeframe for long: Don’t know.
Return: 200%
1) Price action and RSI resistance breakouts.
2) Price action backtest on past resistance confirms support.
3) Volume. Money Flow resistance breakout. I don’t know why, but more money is flowing in than out.
4) The pennant formation, a reliable chart pattern on confirmation. Price action forecast is determined from taking the flagpole extension to the breakpoint.
Is it possible price action falls further? Sure.
Is it probable? No
Type: Trade
Risk: <=6%
Timeframe for long: Don’t know.
Return: 200%
Dagangan aktif
Train is departing from Platform $$Nota
Think a large move is about to print. Can't say exactly why, just a hunch.Must ask below for updates, not trading this.
Ww
Dagangan aktif
Nota
700%Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.