Short

After 30 days in the rising channel, it's time to take profit

Updated

Trend seems crystal clear. In the unlikely event we drop past 7k and 8k supports, I don't think 6k will hold. It's been tested twice and this will invalidate it. 5K to mid-8K is the range I'm looking at, 2 month timeframe.

Trade active

We just blew past the support level and are dropping rapidly now.

Note

snapshot

Note

So far, still trending as expected.

snapshot

Note

First leg close to completing.

snapshot

Disclaimer

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.