4H trend chart
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ATOM is building a bull flag since 9/25.
And it is going to break out the upper trend line in 4H chart
Notice there were many times fake out if you looked at 1H chart
So if price can break out this flag until closure of 4H candle, trading strategy as below.
-
Profit Targets:
a) 37.16----Fib(0.618)
b) 41.64---Fib(1)
c) 44.83~4612-----Fib(1.272~1.382)
Stop losses:
a) 31.58-----Red horizontal ray
-
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