Hey all,
Purple trendline providing support is the same drawn on the bull flag chart from yesterday. This pattern is still undecided. I keep getting nervous holding on to this position, but bears have had tons of opportunities. They haven't been able to take out the momentum around $300.
However, they did break the purple trendline with a low candle printed at $295. It bounced back, but still this is the first time for this pattern where a lower low stuck.
I'm watching this so closely. I still think there is some potential for a breakout. The coiling and the slightly modified pattern I drew in green still have potential I think.
If the new pattern breaks I will definitely close.
Cheers!
Purple trendline providing support is the same drawn on the bull flag chart from yesterday. This pattern is still undecided. I keep getting nervous holding on to this position, but bears have had tons of opportunities. They haven't been able to take out the momentum around $300.
However, they did break the purple trendline with a low candle printed at $295. It bounced back, but still this is the first time for this pattern where a lower low stuck.
I'm watching this so closely. I still think there is some potential for a breakout. The coiling and the slightly modified pattern I drew in green still have potential I think.
If the new pattern breaks I will definitely close.
Cheers!
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.