Is this channel valid and is this a bull trap inside it? Only time will tell....
$10,600 has got to hold to keep this run up valid and we have to break out of the channel and stay out.
I still have my base long position and a pile of cash. Just waiting for the right opportunity to add to my longs.
$10,600 has got to hold to keep this run up valid and we have to break out of the channel and stay out.
I still have my base long position and a pile of cash. Just waiting for the right opportunity to add to my longs.
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Close up 1 hour viewNota
3 minute view with a H&S. I hate the H&S but that's what it looks like. Gotta go, I check back when I get home to see if this was even close. lolNota
The price is clearly out of the channel and it doesn't look to be coming back inside any time soon. If we break 12,065 there is a good chance it keeps going.What people are calling a WXY or WXYZ could just as easily be an ABC for Wave 4 and what we are seeing is the start of Wave 5 up. That's how I'm currently playing it until prices say otherwise....
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The price is back inside on the 4 hour view. There is most likely going to be a very strong move one way or the other. This rubber band is just too tight.Nota
WOW what a fight. Just when you thing it's going one way it pulls back and does the opposite. Major decision time.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.