now im getting carried away
تعليق:
We are right on schedule. Gap of death below being defended by bulls. Resistance above making their mouths water.
تعليق:
We can expect pullback here or at about 7.00 with ~5.50 being primary support. Expecting a breakout from the triangle after ranging for a few months.
تعليق:
Red lines in this chart are what im expecting for pullbacks
تعليق:
You could TP on these price points but I'm planning this as a longer hold to play the triangle break out. I may take some profits around the 7$ range.
تعليق:
So I'm expecting us to range here between ~5 and 7 until an upside breakout of the triangle is too appealing to the bulls. Trading the breakout, so this means I will accumulate as we range.
تعليق:
We are in important location here. Needs to stay on the trendline and close today around 4.9
تعليق:
After weekly close we are right at the bottom trend line. We could test 4.79 or even 3.5, but I think its more likely we test 5 or even consolidate above 5 as we continue to range.
تعليق:
4.79 being tested now
تعليق:
Defended. Now watching 5.50. If we break above it, expect more impulse up. If we reject from that level, time to continue ranging.
تعليق:
Also, earning reports coming in 2 week.
تعليق:
Moment of truth for the bulls. Will 4.78 hold and bring us back to moving average of 4.9, or will we reject from here and go down to our lows at 3.5
تعليق:
Look at us riding along the trendline nicely. Springtime break-out is what I'm expecting for this trade.
تعليق:
I expect a pullback at 6.33, around there ill sell 20% of my position and load back up on the dip. Cheers
تعليق:
We are continuing to range right along the trend line. The longer this gradual upward pressure happens, the more likely we see a break out in the Spring or Summer.
تعليق:
Caronavirus playing with this trade. Setting my stop at 3.30, expecting a big bounce at 3.50
تعليق:
Stock market looks too corrective. Trade closed and re allocated to gold.