STORM Another Leg Up

21 באפר׳ 2018

STORM has been in a parabolic trend and now has been operating in a Bull Flag formation that turned into an inverted head and shoulders. Both of those targets are on the chart at about 728 and 786 sats. Needs to break this flag and iH&S pattern with significant volume which looks to be coming in as the 30m bar is only 40% finished and already the biggest candle in the past 10 sessions.

22 באפר׳ 2018

הערה

I still am in this trade as my stop loss is at the 590sat fractal. May have been a bit early on this one however it is still flagging very well just on a higher time-frame. I am looking at the 2H time frame right now as it continues to close in on the parabolic trend line.