History doesn't repeat but it rhymes
On that note, it appears that there's one more leg up before a correction
Strategy: Ride this leg up (Long), then with a rejection confirmation (short) down to the 61.8 fib retracement level.
1. The current triangle needs to be confirmed with another touch on the top line.
2. if (1.) is true, look to accumulate on the bottom line
3. Sell at the target price for a 28% gain
4. Wait for confirmation that there is a strong rejection at the target price
5. Wait for a bearish indicator showing reversal
6. When (4. and 5.) is true, go short
7. close short at the 61.8% fib retracement level
IMO/DYOR
On that note, it appears that there's one more leg up before a correction
Strategy: Ride this leg up (Long), then with a rejection confirmation (short) down to the 61.8 fib retracement level.
1. The current triangle needs to be confirmed with another touch on the top line.
2. if (1.) is true, look to accumulate on the bottom line
3. Sell at the target price for a 28% gain
4. Wait for confirmation that there is a strong rejection at the target price
5. Wait for a bearish indicator showing reversal
6. When (4. and 5.) is true, go short
7. close short at the 61.8% fib retracement level
IMO/DYOR
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.