X to $35
My trading plan is very simple.
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at bottom of channels (period 100 52 39)
Stochastic Momentum Index (SMI) at oversold level
VBSM is negative and at bottom of Bollinger Band
Price at or near 1.618 Fibonacci level
Entry at $30.50
Target is $35 or channel top
I buy or sell when price tags the top or bottom of parallel channels.
I confirm when price hits Fibonacci levels.
So...
Here's why I'm picking this symbol to do the thing.
Price at bottom of channels (period 100 52 39)
Stochastic Momentum Index (SMI) at oversold level
VBSM is negative and at bottom of Bollinger Band
Price at or near 1.618 Fibonacci level
Entry at $30.50
Target is $35 or channel top
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