Quite the long-shot macro idea here.
Looks like a H&S is forming - if so, short from the right shoulder, DCA'ing into the position.
Exit near the bottom of the triangle.
After the price breaks out from the triangle, there could be fireworks to the upside, <likely> after a test and retrace.
This is entertainment for me, this is not a serious post. DYOR.
Looks like a H&S is forming - if so, short from the right shoulder, DCA'ing into the position.
Exit near the bottom of the triangle.
After the price breaks out from the triangle, there could be fireworks to the upside, <likely> after a test and retrace.
This is entertainment for me, this is not a serious post. DYOR.
Trade closed: target reached
Target reached (or very close to it).Note
This is NOT a call to long, but I can't help but notice resistance at these levels for the lifetime of this stock. Note
This is a thing of beauty. In 3 candles/months price action has gone from the bottom of the purple triangle, to the top.
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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.