wolfstreetswinger

revg - swing trap with t30 setup

NYSE:REVG   REV Group, Inc.
Nice looking swing trade setting up on revg which could be the start of wave 3. recently broke out from double bottom with good bullish momentum up 40% in just a couple of months and we have a chance to get in on the pullback here with Swing trap and t30 setup. sellers got in this stock which then traded sideways buyers tried to get in but was quickly pushed out with sellers taking control again price closing below prior swing low with few consecutive red days but price was quickly rejected below the 30ema also leaving us with T30 candle were price has closed back above the 30ema. Swing traps can be a nice pattern to trade on pullbacks which are easy to spot they are typically abc correction but t30 can be a very powerful reversal candle at the beginning of a wave 3 will look to enter this trade next week.

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.