Long

Possible bullish move around the 7th Jan

Updated

A triangle looks like it has formed which indicates there may be a bullish move around the 7th Jan.

If we cross through the triangle we might meet the following resistance.

Level 1 - $2774
Level 2 - $2901
Level 3 - $3181
Level 4 - $4092

I'm new to TA so please always use your own judgement and invest wisely.

Happy Hunting :)

Note

It just re-tested right on the triangles support line twice. A good sign so far. Lets see how it continues.

Note

Still looking good today. It keeps re-testing the support line. I'm still bullish for or before the 7th Jan

Trade closed: stop reached

Hi Guys,

It looks like we pushed through the stop slightly. I re-adjusted the chart which may be more accurate.

Please use this updated chart.

Adjusted - Possible bullish action around the 6th Jan or before

davearmitage123

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