LONG
-Uptrend since 04/03/2018
- holding uptrend line
-Bull volume associated with movement and consolidation
- symmetrical triangle/ power pennant/ bull flag
- indicators have been given a chance to cool off some and can push higher again, although each move exhausts them more and more. Except less gains... Think of the "smart money" that bought the the dip, are they looking to add qty or lock in profit? Id say lock in profits the second price action crosses the uptrend line. Buyers vs sellers = less and less buyers as price moves up.
-Uptrend since 04/03/2018
- holding uptrend line
-Bull volume associated with movement and consolidation
- symmetrical triangle/ power pennant/ bull flag
- indicators have been given a chance to cool off some and can push higher again, although each move exhausts them more and more. Except less gains... Think of the "smart money" that bought the the dip, are they looking to add qty or lock in profit? Id say lock in profits the second price action crosses the uptrend line. Buyers vs sellers = less and less buyers as price moves up.
Note
Note
for my tracking/learning
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.
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.