EBIO I still need to see a full candle above the top trend line followed by a higher price at least 3 candles later for my buy trigger. Then I can do the actual calculation of a target based on the values of the buy trigger and the last swing low.
I personally decided not to trade so close to the end of a triangle pattern, but rather wait to see a break and then a follow through.
I like the "W" pattern because it gives me an opportunity to buy sooner with a lower risk/reward and then I can add at the break out buy trigger. Gonna try averaging up instead of down. LOL
If it doesn't get the golden cross on the 60 minute chart it can take a plunge.
Still have a bad taste in my mouth from PMCB, it ended up coming back up, but I could have gotten way better prices at 50% cheaper.
RTTR I was just paper trading this one
I personally decided not to trade so close to the end of a triangle pattern, but rather wait to see a break and then a follow through.
I like the "W" pattern because it gives me an opportunity to buy sooner with a lower risk/reward and then I can add at the break out buy trigger. Gonna try averaging up instead of down. LOL
If it doesn't get the golden cross on the 60 minute chart it can take a plunge.
Still have a bad taste in my mouth from PMCB, it ended up coming back up, but I could have gotten way better prices at 50% cheaper.
RTTR I was just paper trading this one
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