Long
Do you see what I see? Also, Lets make trading fun
Without focusing too much on complex patterns , we can CLEARLY see here that GLD has broken out of a massive uptrend channel recently, what does this mean for us? After finding support recently GLD is bound to retest this channel again, Hence the target one area. If enough volume were to come in and break cleanly through, we would see target 2 much quicker. But I expect a pullback as that happens a lot when reentering a channel.
If it were to REENTER the channel we can aim for the top of the channel (TARGET 3). But entering there is scary, so enter now for the best possible entry from your truly C:
This will be added onto my spreadsheet next week after the chart is given time to develop, you can take a look at all the results from my trading view on google sheets.
docs.google.com/spreadsheets/d/11phbudu6-WVzPf0YrVX92zp9mqh9gZTBVvBRQZsxxGY/edit?usp=sharing
I will focus more on explaining my ideas better for those of you that want to learn as well, If you like this type of explanation over the signals I post, share your opinions with me. C: Other than that if you found this helpful and would like to help me out in return, leave a follow as I post daily ideas and comments are helpful for me as well, I will reply to everyone with time!
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AS FOR THE PEPE, I USED TO BE ARTIST, I CONSIDER TECHNICAL ANALYSIS AN ARTFORM AS WELL. AS A THANKYOU TO ALL MY FOLLOWERS WHO READ MY IDEAS. I WILL DRAW A SKETCH ON EVERY IDEA I POST FROM NOW ON! LEAVE A COMMENT ON WHAT YOU WOULD LIKE TO SEE ME SKETCH AND I WILL PICK ONE! RIGHT NOW I AM ON A LAPTOP AND DRAWING WITH TRACKPAD SO PLEASE DON'T EXPECT MONA LISA. LETS MAKE LEARNING FUN!!! CCCC;
Lastly the drawing may interfere with the chart, make sure to zoom in and out, back and forth at your leisure :D
If it were to REENTER the channel we can aim for the top of the channel (TARGET 3). But entering there is scary, so enter now for the best possible entry from your truly C:
This will be added onto my spreadsheet next week after the chart is given time to develop, you can take a look at all the results from my trading view on google sheets.
docs.google.com/spreadsheets/d/11phbudu6-WVzPf0YrVX92zp9mqh9gZTBVvBRQZsxxGY/edit?usp=sharing
I will focus more on explaining my ideas better for those of you that want to learn as well, If you like this type of explanation over the signals I post, share your opinions with me. C: Other than that if you found this helpful and would like to help me out in return, leave a follow as I post daily ideas and comments are helpful for me as well, I will reply to everyone with time!
------------
AS FOR THE PEPE, I USED TO BE ARTIST, I CONSIDER TECHNICAL ANALYSIS AN ARTFORM AS WELL. AS A THANKYOU TO ALL MY FOLLOWERS WHO READ MY IDEAS. I WILL DRAW A SKETCH ON EVERY IDEA I POST FROM NOW ON! LEAVE A COMMENT ON WHAT YOU WOULD LIKE TO SEE ME SKETCH AND I WILL PICK ONE! RIGHT NOW I AM ON A LAPTOP AND DRAWING WITH TRACKPAD SO PLEASE DON'T EXPECT MONA LISA. LETS MAKE LEARNING FUN!!! CCCC;
Lastly the drawing may interfere with the chart, make sure to zoom in and out, back and forth at your leisure :D
Note
hopefully the pepe looks like this for you guys, your screen size and how you play with the chart may effect the imageNote
look at that pump, target 2 reached!Trade closed: target reached
All targets
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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.
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.