Standard classical charting pattern here.
Executing with two entries, 1 with tight risk to have a larger sized position, and the 2nd with a bit more room in case it does a deep retracement.
Executing with two entries, 1 with tight risk to have a larger sized position, and the 2nd with a bit more room in case it does a deep retracement.
Note
Monster has morphed and no longer a time sensitive trade. Could take much longer to develop. 71 remains the pivot point and should now be used as a reference for a newly formed breakout. Holding it just an opportunity cost until 71 is resolved.
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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.