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Long
Updated

META daily channel is getting tight.

145
META daily chart shows consolidation and has a lot of room to supply above recent highs, should the daily 5 SMA confirm to the upside. Watching closely to see which way this consolidation resolves, as there are always a million opinions, but only one confirmation. snapshot
Trade active
META confirmed the channel to the upside. I am long and looking to scale out of my runners into the recent highs from 8/15.
Trade closed: target reached
META reached the target of the 8/15 highs and the trade was closed. These highs will be an area of interest for a new potential trade to the upside in the coming days.
DMT_Doctor
Also on:
channelbreakconsolidationzonemetametaanalysismetalongmetashortMoving AveragesPivot PointsSupply and Demand

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channelbreakconsolidationzonemetametaanalysismetalongmetashortMoving AveragesPivot PointsSupply and Demand
DMT_Doctor
Also on:

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.