$BPI Weekly Chart as of November 20, 2017 |
Notes:
1. Price appears to be respecting that 50% Fib Ret level as a support.
2. We want Slow CCI to rise above zero level.
3. We want RSI to continue rising past 50 and over that trend line resistance.
4. We want Slow Stochastic to turn up and continue to rise above 20.
Sample Trade
- Entry Price: 98.5
- Exit Price: 106.9 (+8.5%)
- Stop Loss: 95.15 (-3.4%)
- Risk Reward Ratio: 2.51
Mind the levels. Manage the risks.
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