Looks like a small breakout ahead. Either a spike to 475 for a short entry, or a spike down to 425.
But I won't be taking a long from 425. Looking to accumulate long positions from $405, $360 or lower. If there's a pop downwards from $400, things may get messy, but my guess is that it'll also not last for very long.
If we get to ~475 from this triangle, I'll be looking for a short.
Thoughts?
But I won't be taking a long from 425. Looking to accumulate long positions from $405, $360 or lower. If there's a pop downwards from $400, things may get messy, but my guess is that it'll also not last for very long.
If we get to ~475 from this triangle, I'll be looking for a short.
Thoughts?
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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.