Just an idea i would like to share, and feedback...
Updated
hi all, i would like to share an idea to see what you all think...
this is my 1st post while i have watched for years.
i am in no way experienced or a professional, so please dont take this as advice
or anything but a noobies idea just to seek others opinions.
i think if the current trendline holds sunday night, we could see a climb to the green target over the next 2 weeks, then a rejection down to a previous trend line by around 18th of December.[blue target]
(if the trend breaks, i can see it heading down to the blue target, then retesting)
ill admit, there's no fundamentals or anything but the pattern, supports and trendlines...
basically... guessing.
but i would appreciate feedback or even if my pitchfork is correct.
---what do you all think of this idea guys and gals....?
thanks for you time and good luck to us all out there.
this is my 1st post while i have watched for years.
i am in no way experienced or a professional, so please dont take this as advice
or anything but a noobies idea just to seek others opinions.
i think if the current trendline holds sunday night, we could see a climb to the green target over the next 2 weeks, then a rejection down to a previous trend line by around 18th of December.[blue target]
(if the trend breaks, i can see it heading down to the blue target, then retesting)
ill admit, there's no fundamentals or anything but the pattern, supports and trendlines...
basically... guessing.
but i would appreciate feedback or even if my pitchfork is correct.
---what do you all think of this idea guys and gals....?
thanks for you time and good luck to us all out there.
Note
i have closed my buys now, i think this is as far as shes going... opening a sell for the blue target 0.85850.Note
closed my sell at 0.87, seems to have found support, im guessing it maybe back on track for the top of the triangle and if it breaks through, maybe my nov17 target is back in play.... ? time will tell if this extra buy position is a good call or not... again, this is not professional advice at all, and i am risking with my own cash. good luck to us all
Trade closed manually
figured that breakout didnt have enough legs, closed in profit, and sell entry@ 0.87601, SL@0.87690, now watching the bottom of the triangle for a bounce or breakout and go from there... must say its been a good week... so far...
Note
currently watching the bottom on the triangle where the blue line intersects... got a nice bounce off the line, does it hold and have another shot at 0.88 or break through and continue down to target... watching closely for if i close my sell and buy or hold sell ....
Note
for thought who are curious, my sell is closed, and im bk in on a buy for target 0.88100 or top of triangle(yellow dots)...
watching 0.87300 area
my sl is at entry 0.86937.
think this could be the last attempt to .88 area
Trade closed: stop reached
you cant win them all, this pattern is over now, just waiting for the retest of the bottom yellow line and ill fire a small sell in with a tp of 0.86650. then come up with a new plan of attack... thanks for ur time people.
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.