watching for a break of the triangle to amp up the short positions. Currently have a few small shorts in the market based off the top of the wedge and a weekly divergence.
awaiting break before entry.
playing a short to the bottom of the large triangle range. you could play a breakout of the purple channel to the end of the red lines in a measured move play or just play the ranges of the channel.
attempting to short to a lower range of the channel. MACD divergence almost rolling over. Weekly looks like its breaking out of its consolidation phase to the upside so this trade is counter trend. Looking to reenter longs at a lower range of the channel.
If SL is hit before hitting a TP zone, reverse position to target 137 with SL at "First TP" trend line.
might increase position size if it makes another higher high.
seems like a good opportunity to go long on a retrace since there is a divergence in the MACD and PA seems overextended to me.