LUNA has been printing higher-highs and higher-lows on the hourly chart since dec 31. At this moment, we are facing a resistance at the 0.236 fib level (USD ~91.75).
We can also assume a diagonal support, where probably the price will retrace to. If this happens, we will enter a long position at this support, until the next diagonal resistance (both represented by white diagonal trend lines).
This is my position parameters:
Entry: 90.39
TP: 96.13
SL: 88.52
Risk: 3.07
Warning: I am not a professional trader.
We can also assume a diagonal support, where probably the price will retrace to. If this happens, we will enter a long position at this support, until the next diagonal resistance (both represented by white diagonal trend lines).
This is my position parameters:
Entry: 90.39
TP: 96.13
SL: 88.52
Risk: 3.07
Warning: I am not a professional trader.
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