This is one ballsy idea, however it's definitely one of the options and would nicely backtest broken trendline. Lets see how this unfolds, but this is something I will definitely keep back in my mind with all that bearish bias around.
Note
So far so good, at this point I am looking for a short term pullback to 55-56 area ideally.
John Florence
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John Florence
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.