First of all, I probably will not trade this because it's GME, but I MIGHT...
Lots of confluence around the $105 area - two seperate macro .786 fibs levels, a monthly close, and the VAL of the whole range, plus $100 psychological level. I would normally look to trade a setup like this up to the POC and then the VAH. Stoploss tbd by structure - data doesn't exist yet.
Lots of confluence around the $105 area - two seperate macro .786 fibs levels, a monthly close, and the VAL of the whole range, plus $100 psychological level. I would normally look to trade a setup like this up to the POC and then the VAH. Stoploss tbd by structure - data doesn't exist yet.
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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.