We have a huge triangle that formed over the last couple of weeks. Once we break out of it I think at least a $1000 move in either direction is coming. Good Luck and don't forget to add your stop once in the trade!!!
Note
Correction on the short price entry. It is $5590, not $5690 Or better yet when triangle is broken
Note
Long trade triggered
Note
If you did not sell any contracts consider selling 1/3 or 1/2 depending on your strategy between $6200-$6400. Move stop on the rest to break even at $5900 (the $10 difference than entry price covers commissions :-))
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.