JAKS, Moving Averages in Bullish Formation, Waiting for Breakout

Thank you for your continued support :)

Strategy: Moving Averages Formation

Bias: Bullish
As seen in the chart, the Year-Line, Half-Year-Line, and Month-Line are moving in bullish formation, while the price is currently in triangle consolidation above key fibonacci level of the long term trend.

Entry: 1.21

Stop-loss: 1.15

1st Target: 1.43
2nd Target: 1.84

Gentle reminder: Plan your trade and trade your plan. Peace out!

Kommentera:

Congrats to our members! Total of 21.49% in 18 days.

Reached 1st target: 1.43 with breakout and started some correction. Let's see how it will further develop.

Thanks for the support :)