Mission briefing
Updated; June 28, 2023
- Our preference: “Bullish” on the trend and pivot point. Alpha1’s favored outcome is illustrated by the directional arrow on the chart image.
- A comment that briefly describes the arguments underlying the strategy and how Alpha1 formed its opinion.
- The pair has been trending upward on the daily chart. Price is above SMA 200.
- Price is generally making higher highs and higher lows.
- Price recently rejected EMA21 in an upward path.
Trading rules & checklist
Clear directional scenario with price targets
- Entry: Entry on third bullish candlestick or wait for price to bounce upward off EMA21.
- Exit: Exit when target is hit or stop loss is triggered
☐Clear risk management plan
- Limit for a single position – 2%
Chart Analysis:
DAILY CHART
- Graphical indicators and technical commentary
- Short-term and mid-term trend overview
- Details on the significance of key supports & resistance levels
- A chartist approach to assessing directional moves and price targets
- Japanese candlesticks to confirm trend reversal or acceleration
DISCLAIMER
Please be advised that the information presented is provided to by AlphaOne Research (‘by AlphaOne Research, ‘we’) by a third-party provider (‘by AlphaOne Research). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person. It, therefore, does not involve a consideration of any of the investment objectives, financial situation, or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by AlphaOne Research.