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
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
"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
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.