Long
Updated

ALPHA Long term channel play

360
ALPHA Long term channel play

BUY: 0.965 – 1.34

TARGETS:
1) 1.8415
2) 2.9432

STOP: 0.788 (triggered when a 1D candle closes below)

Rationale:
-Channel has been forming for over 100 days
-Price has just tested bottom of the channel and was quickly bought up, resulting in a wick
-The dip to the bottom of the channel lines up with a support zone


Your risk, your reward. This is not financial advice.
Happy trading.
Trade active
Target 1 hit

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.