NWH Long
Setup: Bounce then Flag break
Catalyst (If any): Quad 3 (Gold/Energy in favour again)
Risk: $30
Reason for SL location: Below Flag
Profit targets: T1 = $210 below key Volume profile and 3 X R. T2 = $2.85 next major resistance
Comments: Price and Volume picking up after dropping to near covid lows! Not sure why it had sold down so hard but a government infrastructure stimulus beneficiary with operations in energy and gold seems like a pretty good place to park your money! Recent bounce then consolidation then break is a nice setup too!
Catalyst (If any): Quad 3 (Gold/Energy in favour again)
Risk: $30
Reason for SL location: Below Flag
Profit targets: T1 = $210 below key Volume profile and 3 X R. T2 = $2.85 next major resistance
Comments: Price and Volume picking up after dropping to near covid lows! Not sure why it had sold down so hard but a government infrastructure stimulus beneficiary with operations in energy and gold seems like a pretty good place to park your money! Recent bounce then consolidation then break is a nice setup too!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.