TF: 8 Hr
I think if price can fall out of the this rising megaphone pattern, than some selling will happen. I think a TP 1 could be at the .382 and 0.50 levels (in between them). If price really falls, than 0.618 would be a good level to exit and maybe re-enter long as price would be testing the a respected trend line
I think if price can fall out of the this rising megaphone pattern, than some selling will happen. I think a TP 1 could be at the .382 and 0.50 levels (in between them). If price really falls, than 0.618 would be a good level to exit and maybe re-enter long as price would be testing the a respected trend line
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If price falls out and retests/rejects, I will be looking to sell something like this
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Entered in, may close soon. Price seems to be hovering, if it doesn't reject and move down soon then I am out
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Looking to re-enter around here
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Have not entered looking to soon tho...
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Idea looks invalidated for now
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.