Long

Updated

Highstreet (HIGH)

On the above 4-day chart price action has corrected over 75% since the long idea published earlier this year topped out. Now sellers using emotions have provided you with a 2nd opportunity to go long. Why?

1) You know why.. The same conditions as before.

2) Price action resistance breakout.

3) Support and resistance. Price action returns to past resistance. Look left, green squares.

Is it possible price action could fall further? Sure.
Is it probable? No.

Ww

Type: trade
Risk: <=6% of portfolio
Timeframe: Now
Return: Will say elsewhere

Note

support confirmed

Trade active

Now would be an incredibly good moment.

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on support

Trade active

support confirmed

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GRM support confirmed

Trade active

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Ready for a 300% upside move as in the beginning of the year?

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A good moment

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Did you miss the OGN move?

If my hints become any heavier I'll create my own gravitational pull.

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Flag breakout backtest confirmed. Hold now until 5.50 area. Will say elsewhere when sell prints.

Trade active

nudge nudge wink wink

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on support

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GRM support confirmed

Trade active

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How High is the moon? 400% from here.

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It begins...

Trade active

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Wait for another 15% correction... from current levels.

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4.20 next resistance.

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As above, 4.20 is the next resistance and a high probability sell signal is now printing. Might be a moment to scalp them profits.

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Now up 400%

Well done you if you continue to hold and ignore the trolls. No indication of an overbought condition at this time.

Trade closed: target reached

The target area was not shared on the original idea, that info was shared elsewhere. The target is now achieved, around 600% from the long.
The two black circles show when both long ideas were published.

Price action is overbought and it can remain that way for some time. However the risk/reward is not the same as it once was.

Note

June 2nd was spot on... quite chuffed.

Note

Not saying this is a long but look at the stochastic RSI, is at '0'
This is a vacuum. Not a single buyer exists.
In terms of probability... the only way is up.

without_worries

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Weblink: patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR

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Highstreet (HIGH)

by without_worries

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without_worries

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR