Based on this being a bull flag after an impulse up from the SFP. We've hit the 0.618 resistance and are consolidating below it. The measured move is to around 62k.
Note
"Gladwin did you just long into resistance on the point of control?"Yes I did lol... not my smartest move, let's see how it plays out
Trade closed: stop reached
nope, longing into resistance, terrible idea - wasn't paying attention when I took it. Will attempt re-entry later
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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.