BOIL is here on a 30 minute chart. It has reversed this week and ascended 13% with a double
bottom at 13 and 13.25 forming a resing support trendline. Volumes changed from selling
to buying. Price bounced off the ATR- stop loss in its pullback and now appears poised to
break through the moving average channel and get support after that cross-over.
I will take a long trade here with a stop loss of the pivot low of 14 while targeting the
upper boundary of the Keltner channel at 15.25 for two-thirds the position with the remainder
to run to try to reach 37 , the pivot high of January. As a leveraged instrument, BOIL is very
volatile and needs extra care in the trade.
bottom at 13 and 13.25 forming a resing support trendline. Volumes changed from selling
to buying. Price bounced off the ATR- stop loss in its pullback and now appears poised to
break through the moving average channel and get support after that cross-over.
I will take a long trade here with a stop loss of the pivot low of 14 while targeting the
upper boundary of the Keltner channel at 15.25 for two-thirds the position with the remainder
to run to try to reach 37 , the pivot high of January. As a leveraged instrument, BOIL is very
volatile and needs extra care in the trade.
交易進行
On the move up, I have rased the stop loss to above break even assuring a risk free trade. Full position for the weekend. Partial profit after the new buys on Monday.免責聲明
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免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
