MITK has completed a bullish bat in a with a PRZ that is confluent with support from the 100 day exponential moving average. To add to bullish bias, 2 missed weekly pivots sit above price. Entry is placed at the bottom of the PRZ with target at the missed weekly pivot from 12/14.
Confluence in the PRZ:
Confluence in the PRZ:
- Bullish bat
- 2AB=CD
- 2.272BC Projection
- EMA100 Support
- Bullish MACD Divergence
- S/R Zone
- Missed weekly pivots above price
Trade active
Note
Great bounce, moved SL to B/ETrade closed: target reached
TP at +16%
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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.