Based on my TA, after the cup and handle pattern, TWT started forming a symmetrical triangle as shown on the weekly and daily charts.
and on the 4hr TF it formed a double bottom, and reached the target price which is $1.12 and then retraced back to the neckline,
my next move would be to wait for a confirmation 2-3 4hr candles closure above $1.12 -$1.14 then i would open a long position
SL: $0.844
TP1:$1.226
TP2:$1.328
TP3:$1.4219
TP4:$1.5860
failure to close above the mentioned levels and breaking the lower triangle line will result to a further decline in the price to 0.869 then 0.79 then 0.56 levels
what do you think of this trade?
and on the 4hr TF it formed a double bottom, and reached the target price which is $1.12 and then retraced back to the neckline,
my next move would be to wait for a confirmation 2-3 4hr candles closure above $1.12 -$1.14 then i would open a long position
SL: $0.844
TP1:$1.226
TP2:$1.328
TP3:$1.4219
TP4:$1.5860
failure to close above the mentioned levels and breaking the lower triangle line will result to a further decline in the price to 0.869 then 0.79 then 0.56 levels
what do you think of this trade?
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.
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.
