Today, we will share a long setup on VISA
Main items we can see on the chart:
a) The price is on a critical level (either for a breakout or a reversal)
b) we conclude that IF the price makes a new higher high, we should expect a continuation of the bullish movement
c) The reasons are:
-We can see a Huge Corrective Structure (ABC pattern). The target of the Structure is the First Fibo Extension
-We can see a smaller Corrective Structure (that made a new ALL TIMEL HIGHS) (small ABC)
-The current corrective structure with the previous one, Provide us a solid Bullish view for this stock in case of a breakout above 217.90
d) We will be trading this setup with the same parameters we are showing here. Our Break Even level is 228,12
e) We expect a resolution between 12 and 20 days in case the setup is executed
f) We will cancel the setup if the price goes below C
Main items we can see on the chart:
a) The price is on a critical level (either for a breakout or a reversal)
b) we conclude that IF the price makes a new higher high, we should expect a continuation of the bullish movement
c) The reasons are:
-We can see a Huge Corrective Structure (ABC pattern). The target of the Structure is the First Fibo Extension
-We can see a smaller Corrective Structure (that made a new ALL TIMEL HIGHS) (small ABC)
-The current corrective structure with the previous one, Provide us a solid Bullish view for this stock in case of a breakout above 217.90
d) We will be trading this setup with the same parameters we are showing here. Our Break Even level is 228,12
e) We expect a resolution between 12 and 20 days in case the setup is executed
f) We will cancel the setup if the price goes below C
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.
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.