-Currently in an uptrend and potentially starting the 5th wave
-Long idea on the breakout of pennant if bullish market sentiment persists
-PT1 = 149 , PT2 = 156
-Trade entry confirmations: volume on breakout, bounce on retest of pennant (resistance --> support)
-Can play monthly swing or scalp/daytrade impulsive moves
-Long idea on the breakout of pennant if bullish market sentiment persists
-PT1 = 149 , PT2 = 156
-Trade entry confirmations: volume on breakout, bounce on retest of pennant (resistance --> support)
-Can play monthly swing or scalp/daytrade impulsive moves
Trade closed: target reached
Price close to target, reasonable to take profits here to avoid holding over the weekend
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.