Its very weird to have such high volume with a semi-steady price. It seems like bulls are preparing for something huge. Lets keep and eye on this trade.
I would not recommend partial selling your investment at each target to rebuy at corrections. If you sell, don't rebuy as it seems to be too risky with this trade. You can still partial sell at each target but I don't recommend rebuying at all.
Good luck trading :)
***This information is not a financial advice. I am still learning and practicing.***
I would not recommend partial selling your investment at each target to rebuy at corrections. If you sell, don't rebuy as it seems to be too risky with this trade. You can still partial sell at each target but I don't recommend rebuying at all.
Good luck trading :)
***This information is not a financial advice. I am still learning and practicing.***
Trade closed manually
Trade closed. See the comments discussion with Hbasm for explanation.Note
This might be still a profitable trade as it respects the bottom boundary of the triangle. Yet, I will not take the risk myself.Note
Although this trade is closed, it made great profits and turned out that the targets are touched by the wick. So happy to see it happening even when the trade is closed
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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.