Looking like more consolidation - repeating "steps"

٢٣ أكتوبر ٢٠٢٠

The daily chart is indicating more consolidation to form a bullish pennant. Historically, this pattern has repeated in the form of repeating "steps" of consolidation and breaking out to go higher. Next is $33.94 at the 1.619 FIB extension.

٢٨ أكتوبر ٢٠٢٠

ملاحظة

We saw a breakout today of the bullish pennant. Let's try to hit our next target of $34.05!

٢ نوفمبر ٢٠٢٠

أغلقت الصفقة: تم الوصول للهدف

Target reached at 34.xx. Will assess re-entry upon pullback/correction and consolidation.

١٢ نوفمبر ٢٠٢٠

ملاحظة

What a beast. We've been taking profit incrementally. What goes up, must come down eventually. Happy trading!

١٤ نوفمبر ٢٠٢٠

تم إغلاق الصفقة يدويًا

Sold full position at $50. Will consider re-entry upon confirmation of consolidation. We have an upcoming binary ER event - will have to see how the market responds.