SEEK has broken out of a multi-year range and is now testing the upper boundary to gauge buyer commitment. This is a critical zone. Price action here will reveal whether markup is ready to accelerate or pause for a reload.
Trade Scenario
Begin scaling in as price has reached the top of a Low Volume Node. This zone typically lacks price acceptance, so there is a strong chance of a brief dip before continuation. If price does pull back, monitor the buy zone for a second entry/scale in opportunity.
Risk management remains essential. Since a higher low has not yet formed, the stop loss should sit below the Last Point of Support. Once a new higher low is confirmed, the stop can be moved accordingly to lock in structure.
Targets
Initial target sits just below the all-time high
For extended upside, trail the stop loss using newly formed swing lows to capture continuation
Trade Scenario
Begin scaling in as price has reached the top of a Low Volume Node. This zone typically lacks price acceptance, so there is a strong chance of a brief dip before continuation. If price does pull back, monitor the buy zone for a second entry/scale in opportunity.
Risk management remains essential. Since a higher low has not yet formed, the stop loss should sit below the Last Point of Support. Once a new higher low is confirmed, the stop can be moved accordingly to lock in structure.
Targets
Initial target sits just below the all-time high
For extended upside, trail the stop loss using newly formed swing lows to capture continuation
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.