Ok, PLTR did break another pivot at 24.33, and it hit the resistance at 24.68 again. Now, the situation seems pretty simple: If it breaks the 24.33, then our next stop is the 23.51. If it breaks the 24.68, then weโll keep climbing to the 26.
Thereโs an ascending triangle in the 4h chart, and this favors long trades. But we still have an divergence on the RSI, and thatโs why I prefer to have a partial position, instead of a complete one, as I already told you guys I would.
If PLTR drops again, itโll be a chance to complete my position, but if not, thatโs fine, I wonโt complain ๐. Letโs keep our eyes on the points mentioned and weโll be fine.
If you liked this trading idea, remember to click on the โFollowโ button to get more trading ideas like this, and if you agree with me, click on the โAgreeโ button ๐.
See you soon,
Melissa.
Thereโs an ascending triangle in the 4h chart, and this favors long trades. But we still have an divergence on the RSI, and thatโs why I prefer to have a partial position, instead of a complete one, as I already told you guys I would.
If PLTR drops again, itโll be a chance to complete my position, but if not, thatโs fine, I wonโt complain ๐. Letโs keep our eyes on the points mentioned and weโll be fine.
If you liked this trading idea, remember to click on the โFollowโ button to get more trading ideas like this, and if you agree with me, click on the โAgreeโ button ๐.
See you soon,
Melissa.
