Every time we had a strong bull trend that then broke its trendline (the green lines) we had a bear trend line that was tested few times before it broke and a new bull run started. I can see it happens again and I'll wait to buy BTC to see if it consolidate more and maybe come down to touch the channel trendline (purple), that would be an awesome spot to buy
One of the many things I need to work on is PAYTIENCE... waiting for a good set up and instead end up over trading (usually for a loss). TSM great example here - resting on 200MA as support ? Possibly. Recently rejected at anchored VWAP could imply a further move down. Middle of channel. Also bottom of wedge... etc Point is, right now no clear indication of...
Could we see a breakout on gold to the upside?
Paytience is a hard virtue and can be a painful one when not executed in a timely manner. This is especially true when finding your ins and outs in the stock market. If one has paytience, then one can get their "pay" (hence the spelling ;) ). 05/09 Stock goal 29% winner in 24 days? Possible 11% winner in 24 days? **Shaded area is my target timeframe** Limit...