Pending a serious selloff, I expect this channel to be obeyed. First support could break, second I doubt, lastly the red channel line could be the lowest it moves. If it breaks that let your stop take care of it.
Trade active
Half my position is in at first support.Order cancelled
I Was talked out of this trade by @chimbot and thought I made money and got out on a nice scalpe this idea is a bust. Too much momentum and heavy sell pressure the past couple days means the price might actually move in a straight line afterall.Note
though* not thought.
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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.