Looking for a 4/1 risk trade
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Support on $13 seems to hold for now, today a lot a volume came in the first hour pushing up the price, then the price had their retracement so on daily isn't the most bullish candle but because of volume im looking for a trade with a risk 4/1.
The target could be $22 looking for fib 0.618 of the last down movement.
On the fundamental side i read something about a lot of new accounts, nothing really impressive as far as i know, do your own research.
The target could be $22 looking for fib 0.618 of the last down movement.
On the fundamental side i read something about a lot of new accounts, nothing really impressive as far as i know, do your own research.
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Trade took SL
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