BILIBILI INCNASDAQ:BILI
Hey, traders.
We're looking for the instruments on Monday.
First paper.
Two scripts:
1. Long after the breakout and fix after level. It's a lot of accumulation. On May 19th and 20th there were level tests, but it couldn't resist.
Roll back and go up again.
Those who like a breakout strategy - it is possible to break through the level with short risk.
2. If you are trading a model of a false breakout. Then wait for the breakout and return to the level. Further retest gives chances to earn on a false breakout.
Hide SL behind the level 36.27-36.28.
Calculated ATR 1.65 for convenience.
trade wisely.