Looking at this low-risk setup on ASX:ADN
Breaking of key resistance and bull hammer off support, fractal targets aligning with TB Fib Extension targets at potential levels of resistance on the way up. MACD & VSLRT looking Bullish.
Risk Management and Position Sizing are key as this could always FAIL Support and return back down to @.26 Support
"DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."
Breaking of key resistance and bull hammer off support, fractal targets aligning with TB Fib Extension targets at potential levels of resistance on the way up. MACD & VSLRT looking Bullish.
Risk Management and Position Sizing are key as this could always FAIL Support and return back down to @.26 Support
"DISCLAIMER: NO ADVICE. The information presented here is general in nature and is for education purposes only. Nothing should be considered to be advice. You should consult with an appropriate professional for specific advice tailored to your situation."