$GS - Ascending Triangle into January

Updated
Ascending Triangle on the 2hr into the end of the year following a strong run in Q4.

Bullish news by Fed regarding bank buybacks that has yet to be taken advantage of by GS.

  • Entry: >$263

  • TG1: $269
  • TG2: $276
  • Extended TG3: $283

  • Invalidated: <$254


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Trade active
starter size 1/15 270
Trade closed: target reached
Took weeklies off at open for 65% and closed 1/15 for a loss mid sell-off. Nasty day.
Trade closed manually
chased this all week and i'm out entirely. really ugly trade and should have just held in retrospect. chart was on point though!
banksBeyond Technical AnalysisChart PatternsfedFibonaccijpowell

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