Watching Consolidation Levels For The Next Big Move
The market's had a nice recovery since
my buy around $288. The market has
pulled back after going over/under ~$400.
Right now I'm not super-excited about longs
or shorts, but watching to see what happens
in between $375-$390.
If the downward channel breaks, we could see
a "popped stop run" to retest $410, but another
possibility is a snap of $375 for a washout to test
$350.
I would WAIT FOR CONFIRMATION before taking
ANY trades, that way you don't get chopped up inside
consolidation.
my buy around $288. The market has
pulled back after going over/under ~$400.
Right now I'm not super-excited about longs
or shorts, but watching to see what happens
in between $375-$390.
If the downward channel breaks, we could see
a "popped stop run" to retest $410, but another
possibility is a snap of $375 for a washout to test
$350.
I would WAIT FOR CONFIRMATION before taking
ANY trades, that way you don't get chopped up inside
consolidation.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.