So far this trade has worked out perfectly I took half off around $.52 area and I just took the other half off at $.62. This box range that we are in to me is a pretty strong zone. There is still room for it to come up To $.75 however this area was a previous bear flag consolidation before the drop down to the locals. So this area could now become resistance so it would be smart for me to take my profits in this area and see where we go from here
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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.