technical notes : bull trend fairly strong to just below old high;
so far a 'normal correction so may not go far downwards;
There is FOMO of missing out;
I have three logical places to accumulate or scale-in;
1st - buy now 1/3
2nd- 50% chance of high volume node test, bulls will defend or add- on;
3rd - GAP below needs testing but only 30% chance before new highs ;
Target is below expected in case spikes up and falls back quickly at 50% extension only....
Good Luck if doing something similar....
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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.