Long
AGIX Trading Plan, July 16th – 22nd, 2023
• Since it broke out of the Descending Wedge, AGIX is ranging between 0.22 – 0.26 USD.
• Considering that the TOTAL3 chart is also showing a breakout, my bias remains bullish. Patience.
• I am posting two short-term trade ideas. However, my mid-term target for AGIX is 0.46 USD based on breakout target from the Descending Wedge.
Trade Idea No. 1:
• Entry: 0.2436 (4H demand zone)
• SL: 0.2365
• Target: 0.28
• R: R: 1:5.8
Trade Idea No. 2:
• Entry: 0.2277 (4H demand zone)
• SL: 0.2195 (Range low).
• Target: 0.28
• R: R: 1:6.8
• Considering that the TOTAL3 chart is also showing a breakout, my bias remains bullish. Patience.
• I am posting two short-term trade ideas. However, my mid-term target for AGIX is 0.46 USD based on breakout target from the Descending Wedge.
Trade Idea No. 1:
• Entry: 0.2436 (4H demand zone)
• SL: 0.2365
• Target: 0.28
• R: R: 1:5.8
Trade Idea No. 2:
• Entry: 0.2277 (4H demand zone)
• SL: 0.2195 (Range low).
• Target: 0.28
• R: R: 1:6.8
Note
Price wicked through the demand zone. i reentered because I think there's a good chance it will go up from here. we'll see.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.