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Bottom of a 5 month channel
Long
Bottom of a 5 month channel
By Jicka
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Jun 3, 2019
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Jun 3, 2019
- target double the point of control (red volume line), also coincides with high volume node
- 24% / 7.5% - Risk / Reward
The Narrative (run while you can)
- post gap, dust is settling
- capitulation married with accumulation
- 3/1 RR speculation on the channel holding
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I am not a financial advisor, this is not financial advice
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