Triangle getting to small for big DJ
Updated
Price action is getting squeezed in a nice triangle. Watch for break out, wait for confirmation and buy/sell with targets in the chart... I think there is more room downstairs... :) Have fun...
Note
At the moment, it is no confirmation - no trade for me...Note
Opened small position, now there is probability of a pullback... I will make a decision based on the price action and add to the position... Or unload in case of bad news... And again, stop loss already break-even...
Note
Moved SL to 24700...Trade closed: target reached
Fast money it was... :) CG
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.