INJ is printing a bull flag on the 12H after hitting a ATH. this distribution pattern takes out profit takers, lets long term holders accumulate and lets new holders enter. this can cause a significant surge in price when. Mix this with potential ETF news and we will see a new ATH
Besides this INJ also retested all the MA's (5-20-50) expecting some good upside potential.
key points
- Wait for close and conformation on breakout to enter
- SL close under 50ma
- TP new ath 50+
- if etf gets approved it will probaly be a sell the news, so manage positions.
Besides this INJ also retested all the MA's (5-20-50) expecting some good upside potential.
key points
- Wait for close and conformation on breakout to enter
- SL close under 50ma
- TP new ath 50+
- if etf gets approved it will probaly be a sell the news, so manage positions.
交易結束：目標達成:
TP1 & TP2 HIT
Closed 50% and moved SL to TP2 waiting for TP3 at 50+ Good trade.
Closed 50% and moved SL to TP2 waiting for TP3 at 50+ Good trade.
評論:
Quick note on the SL ;
The 12H never closed under the 50ma depside the big sell off this morning. So the trade was good all the way.
The 12H never closed under the 50ma depside the big sell off this morning. So the trade was good all the way.
手動結束交易:
CLosed the final 25% here manually, we didnt reach the 50$ but did make some good profit reaching new ath at 45.3$ so all in all good trade.
Hopefully you guys made some profit.
Hopefully you guys made some profit.
look out for etf desicion, wicks are going to be crazy both ways.