ECLERX formed a falling wedge on daily chart. Multiple support and resistance were tested during the formation of pattern. Price broke out of the pattern today with above average volume and the momentum seems to be good for third consecutive day. Stop loss can be had just below breakout candle low with target at previous all time high. This trade offers an ideal risk reward of 1:2 depending on where you enter.
Hope you like this idea. If so please boost this idea or leave a comment below on what you think. Otherwise happy trading :-).
Hope you like this idea. If so please boost this idea or leave a comment below on what you think. Otherwise happy trading :-).
"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." — George Soros
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이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
"It's not whether you're right or wrong that's important, but how much money you make when you're right and how much you lose when you're wrong." — George Soros
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.