So as we were watching for yesterday ...the ST break did better than expected. It actually broke down for an awesome entry point thru the day under 900....but also broke through the top to head on up to our fib levels. As we can see....there is an ascending triangle top that once we break and clear it....our target range for the longs should be reached pretty quickly. I'm putting a stop in profit on my 888 entries....and letting her ride!
Trade active
Popped the AT top and we now have a new ATH....still holding for now...I do expect a retest of the AT from the top....and we still may fill in the rest of the AT before a true break and rally. Will monitor and hold for now.Trade active
If you didnt go long yesterday....you were certainly given the opportunity today on the Blue Line support! As of 2:00PME we are retesting the support of the AT from the bottom. Fully expect the rest of the AT to be filled in before we truly see a substantial rally to and thru the ATH from this AM. Really awesome movement today.Trade active
2 more blue line taps for entries overnight/pre-market....just gonna keep tapping these entries.....stops in profit....rinse / repeat till she take off more.....and fills in the rest of the AT. As stated before...it may take some time. ;)Patience is Key.
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Patience is Key.
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.