AMC has been falling in a clear wedge, and is currently attempting another breakout to the upside.
We have 2 important resistance levels: 20-22 and 32-34.
My trade plan is:
A. At current levels (16.86 as I write this), the R/R ratio is not good enough for me, considering 20-22 resistance.
B. If we get a pullback to 12-14, I may take a long trade depending on price action, with first target at 20-22.
C. If I don´t get a trade in this zone, I´ll wait for a break of 20-22 resistance, targeting next key level at 32-34.
We have 2 important resistance levels: 20-22 and 32-34.
My trade plan is:
A. At current levels (16.86 as I write this), the R/R ratio is not good enough for me, considering 20-22 resistance.
B. If we get a pullback to 12-14, I may take a long trade depending on price action, with first target at 20-22.
C. If I don´t get a trade in this zone, I´ll wait for a break of 20-22 resistance, targeting next key level at 32-34.
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📈 Experienced Crypto trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
👍 Simple, actionable content
🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
linktr.ee/stoic.trader
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.