I am not a big proponent of trendlines but this pattern is coming to a head real soon. This wedge lines up with a bunch of other stuff I am seeing, hearing, feeling.
Not sure how or when it plays out but it would seem logical to sell a bit in to the strength and buy some puts about a month out.
Not sure how or when it plays out but it would seem logical to sell a bit in to the strength and buy some puts about a month out.
Trade closed manually
That obviously resolved to the upside....Note
There was a great buy-signal on H4 the 21ma holdTrade closed manually
Closed shortly after the idea was posted.Note
Play on this setup was to the daily 200ma and/or weekly 50maTrade closed manually
It eventually worked out but not based on that setupDisclaimer
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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.