Fast and simple analysis:
We are in a big symmetrical triangle, a breakout is expected.
If we don't break the trend line at $212, we can/will fall back all the way to $185 and make the symmetrical triangle more valid.
breaking the trend line will/can lead us to a test of the ATH and even beyond that.
All the targets for each side are really precise (only the line price of the red/green square is important)
Probability for a dip is higher, I would therefore short and put stopp loss a little above the trend line. If it breaks to the upside just go long.
We are in a big symmetrical triangle, a breakout is expected.
If we don't break the trend line at $212, we can/will fall back all the way to $185 and make the symmetrical triangle more valid.
breaking the trend line will/can lead us to a test of the ATH and even beyond that.
All the targets for each side are really precise (only the line price of the red/green square is important)
Probability for a dip is higher, I would therefore short and put stopp loss a little above the trend line. If it breaks to the upside just go long.
Nota
The pump to 217 was a bulltrap. Targets for the dump are all known.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.