NIO Breakout

17 gru 2020NIO breakout. Breaking through a downward trendline(blue) and bouncing through a 23.6% fib retracement (red zone) on the weekly chart. Ichimoku lagging (white) in bullish position. Moving average crossover (blue and red line) in bullish position. 20 period moving average (yellow) in bullish position. Ichimoku cloud offering support with the 23.6% fib line.

17 gru 2020

Komentarz

Closed 46.03

18 gru 2020

Komentarz

Correction, yellow line is 200 period MA

18 gru 2020

Komentarz

Additional support can be found in the bull trend line (not on chart)

28 gru 2020

Zlecenie zamknięto ręcznie

Trade started out great then pulled back down. Need to monitor RSI in the future to find an exit point.