Consolidating along rising channel support, as well as near a series of recent lows.
Consolidation could break in either direction with room to move on either side. Provides for a roughly 2:1 reward:risk or greater. Watch the consolidation (pink box) breakout on the daily chart
Consolidation could break in either direction with room to move on either side. Provides for a roughly 2:1 reward:risk or greater. Watch the consolidation (pink box) breakout on the daily chart
Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
Stock and forex trading insights at tradethatswing.com/
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.
Cory Mitchell, CMT
Stock and forex trading insights at tradethatswing.com/
Stock and forex trading insights at tradethatswing.com/
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.