Textbook triangle breakout!
Bears failed to break to the triangle to the downside, Bulls are now dominating this market midterm.
Note the 50,100 and 200 DMA's are all tight together, big move probably coming.
Wait for a small retrace towards 60.00 and a bull bar put a Stop at 57.50
Buy and keep it in your portfolio.
Target 70 and potentially 80.
Keep it simple and profitable.
Bears failed to break to the triangle to the downside, Bulls are now dominating this market midterm.
Note the 50,100 and 200 DMA's are all tight together, big move probably coming.
Wait for a small retrace towards 60.00 and a bull bar put a Stop at 57.50
Buy and keep it in your portfolio.
Target 70 and potentially 80.
Keep it simple and profitable.
Note
1h chartWe are in the buy zone.
I am looking for a bullish sign/reversal and then i am going to enter with a stop @ 58.40. Looking to target 70+
Trade active
Entered my positions, this flag is just too tastyDaily view
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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.
Related publications
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.