Current outlook: Weak Bullish / Bullish
- Key price zone - got to get above and stay above 22 USD if wants to hold bullish.
- Volume and volatility picking up nicely which is encouraging.
- Unusual options activity yesterday 6.35 call 26/08 expiry.
Targets & Risk Management (See also Renko chart attached)....
Bullish upsides: T1: 10, T2: 15, T3: 23
Bearish Downsides: T1 3.6 T2 2.75 T3: 2
Stops: Bullish 5.75, Bearish 7.25 (nb these are quite aggressive)
Watch the full video analysis on my YouTube channel here: https://youtu.be/Otq2pcQptLo
If you’d like to find out more about what I do, you can get in touch with me via:
Email: info@thestophunter.co.uk
Website: www.thestophunter.co.uk
YouTube: thestophunter
Visit my YouTube channel for loads of free educational content / courses / tips / analysis /ideas via TIGER: THE STOP HUNTER Intro Post & Links (Links to YouTube at bottom of post)
Best of luck with the trading,
Regards
Stephen
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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