+Hello Traders in my previous Chainlink post I noted that this symmetrical was going to help us lead into another breakout.
+Unfortunately Chainlink did not break out of this triangle and you can see which lead to the massive dump over the past 2 days.
+The Weekly Level 16.5 was not even wicked in the past previous pump we got really close but did not touch so this does not count as first touch rejection.
+There are a couple of ways I think the next day and few weeks will play out.
+1st being we will continue to respect this trend line and slowly ladder up the white trend line.
+Another possibility's I see is we come back down to the symmetrical triangle for a retest and slowly ladder up from that point.
+Personally i am taking this dump as a opportunity to stack longterm and scalp on futures and reinvest my profits into longterm.
+I will only be giving 1 TP during this overview due to the fact I know it will take at-least a few weeks to reach my TP
1st TP $16.5
+Unfortunately Chainlink did not break out of this triangle and you can see which lead to the massive dump over the past 2 days.
+The Weekly Level 16.5 was not even wicked in the past previous pump we got really close but did not touch so this does not count as first touch rejection.
+There are a couple of ways I think the next day and few weeks will play out.
+1st being we will continue to respect this trend line and slowly ladder up the white trend line.
+Another possibility's I see is we come back down to the symmetrical triangle for a retest and slowly ladder up from that point.
+Personally i am taking this dump as a opportunity to stack longterm and scalp on futures and reinvest my profits into longterm.
+I will only be giving 1 TP during this overview due to the fact I know it will take at-least a few weeks to reach my TP
1st TP $16.5
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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.