there's that right shoulder
we saw this one coming. sure enough, that's looking like a right shoulder to me. the caveat being that we just got rejected by the long term bull trendline (white line).
i don't have time to trade this, but i would be looking for a better entry probably. maybe closer to 34k.
stop below the right shoulder, closer to 33k.
i still think we should trade with the mindset that
25K is just as likely as 45k, so i would continue taking modest profits and/or using a trailing stop.
i don't have time to trade this, but i would be looking for a better entry probably. maybe closer to 34k.
stop below the right shoulder, closer to 33k.
i still think we should trade with the mindset that
25K is just as likely as 45k, so i would continue taking modest profits and/or using a trailing stop.
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