Reasons to BUY:
Enter when the price breaks the confluence point.
Exit when the price breaks down the support trend line ( green Line)
Educational Purpose! Trade with proper risk management!
- Good Volume
- Formation of Inverted Head & Shoulders
- Price is heading towards the Resistance of Parallel Channel of Daily TimeFrame
- The chart looks attractive with the confluence point
- Relative Strength is above 60
Enter when the price breaks the confluence point.
Exit when the price breaks down the support trend line ( green Line)
Educational Purpose! Trade with proper risk management!
Order avbruten:
Confluence Point did not break. Wait for the resistance trendline (Red Line) to break in case you want to enter into this stock.