Short opportunity of a lifetime heading into October, then long from 7.1K. Hedge position in a short during the breakdown, then long during accumulation before liftoff. IMO, a new ATH needs momentum, something the current descending triangle doesn't have. Could be totally wrong though, so do what you will.
SHORTING: 10.4K to 7k
LONG: 7K to ATH.
SHORTING: 10.4K to 7k
LONG: 7K to ATH.
Note
Edit: Better Entry point for long term is 10,700+ since 10,400ish has a lot of room above it for living *puckered* day-to-day. Hell, $11,400 would be a dream lol.
Trade closed: target reached
YA'LL WELCOME. SIX FIGURE PROFIT DOWN, SIX FIGURE PROFIT UP. F*** FUD!
Trade active
GET READY TO LONG!!!! 6K TARGET!Note
The prophecy is being fulfilled.
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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.