COSMOS Levels Im watching
Updated
I'd like to build a position in the green box, derisk/take profits in the red box, and repeat until successful s/r flip of $20. Might be too late, could be ready to break out of this range at any time, but a range is a range until it isn't anymore.
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Happened much faster than I would have liked, but s/r flip looking really good at the moment. Caught some nice bids under $20 & opened a small leveraged position here @ 20.50 with a tight stop and hoping for immediate moon, TP @ 22, 23, 24. Going to keep playing this level to level and loading up on s/r retests.
If we lose $20, I'm happy to start buying around $18 again.
Will take a fresh look at a fresh ATOM chart in the morning.
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My long punt at 20.50 didn't work out obviously, stopped out for about break even.Would feel a lot better if we could flip the $20 psychological barrier into support, but still cautiously building spot position below the red box. Maybe Ill slide my bids down a bit and start derisking above $20 in case we get more sideways?
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The market was nice enough to fill more of my sub-$20 bids, very cool! Was worried this was running away on me, but patience prevails. Buying sub-$20, Derisking above $22 this go around, ezpz.
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