Long
Waiting for a new entry
Nice inverse H&S forming on daily
Trade active
Room to run...Trade active
Took some profits of the table. The move to .108 was too good to not take a portion off. The trade still goes on though, as we are deep in profits. The reversal due to the partnership announcement was to be expected, It reversed to the 78.6 fib, which is nestled right at the long term channel up support line (blue). I like this setup and therefore remain active so long as we remain above the blue trendline.Trade active
Consolidation right below the rising trendline, is good.
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Related publications
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.