Spot shares in from 26.12, stop at 24.7$.
Position to hedge other investments in case global markets continue to slide, <25% infection thesis still in play.
Invalidation is perfect for this setup as if this setup were to be invalidated, it means global markets would have reclaimed a huge support level and are now heading up back to cover most of the drawdown.
Position to hedge other investments in case global markets continue to slide, <25% infection thesis still in play.
Invalidation is perfect for this setup as if this setup were to be invalidated, it means global markets would have reclaimed a huge support level and are now heading up back to cover most of the drawdown.
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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.