AUCTION - Breakout Imminent
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Quick Disclaimer:
Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy AUCTION , nor to place any trade.
Trading poses a risk of losing some or all of your money and it will be your responsibility if you lose money.
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AUCTION is still below the 12EMA and the Red Resistance Trend Line.
A breakout could ensue this week and the breakout could either be to the upside or downside, but the MACD has a Bullish Divergence and the Stoch RSI has crossed Bullish and is coming from the oversold region.
Patience and Discipline are KEYS to a successful trade.
Trading is both a Science and an Art.
Develop an intuition and listen to your instinct while following the rules putting emotions aside.
If you have not yet developed it, you will develop this as long as you stay consistent with following
the rules. The skills will become second nature to you much like how you acquire the skill in riding a bicycle.
Soon it will be your subconscious running your trades, again, much like when riding a bicycle
the balancing is controlled by the subconscious part of your brain.
Be PERSISTENT and stay PERSISTENT.
Let me know what asset you wish for me to look at and evaluate for potential long set ups and I will post it here on TradingView.
If you found value from this post, consider giving it a like and subscribe. Furthermore, share it with someone you know will benefit from this.
Happy Yuletide Season!
More power to all your trades, my friends!
Ron
Intrepid_Trader
Quick Disclaimer:
Trade at your own risk. This post/chart is for your reference only, it is not intended as a recommendation, nor is it an advice to sell nor buy AUCTION , nor to place any trade.
Trading poses a risk of losing some or all of your money and it will be your responsibility if you lose money.
==============================
AUCTION is still below the 12EMA and the Red Resistance Trend Line.
A breakout could ensue this week and the breakout could either be to the upside or downside, but the MACD has a Bullish Divergence and the Stoch RSI has crossed Bullish and is coming from the oversold region.
Patience and Discipline are KEYS to a successful trade.
Trading is both a Science and an Art.
Develop an intuition and listen to your instinct while following the rules putting emotions aside.
If you have not yet developed it, you will develop this as long as you stay consistent with following
the rules. The skills will become second nature to you much like how you acquire the skill in riding a bicycle.
Soon it will be your subconscious running your trades, again, much like when riding a bicycle
the balancing is controlled by the subconscious part of your brain.
Be PERSISTENT and stay PERSISTENT.
Let me know what asset you wish for me to look at and evaluate for potential long set ups and I will post it here on TradingView.
If you found value from this post, consider giving it a like and subscribe. Furthermore, share it with someone you know will benefit from this.
Happy Yuletide Season!
More power to all your trades, my friends!
Ron
Intrepid_Trader
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