Long
SHOP 100
SHOP needs a pullback here for a confident long rather than chasing it.
Expecting this would be the probable path for this run.
There is gap below, it can be filled or can act as support.
Target 1 - 90
Target 2 -100
Stop loss 55
Expecting this would be the probable path for this run.
There is gap below, it can be filled or can act as support.
Target 1 - 90
Target 2 -100
Stop loss 55
Trade active
That wasn't quite a pullback I was expecting, probably let's see what it gives after FOMC on 9/18. Anyways, added some more commons. Note
SHOP has a gap above to fill and at Fib 78.6% profit taking zone. And here we are at critical week - Fed Meeting Minutes , CPI data
Either this gonna do what it supposed to do at Fib 78.6% - Pullback a little
Or
Rally to gap fill from 83 to 88 in a jiff.
Let's see !!
Trade closed: target reached
Wow !!!What a move through the gap area. I guess now we'll pullback for a little to fill the gap as support.
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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.