An addition to the previous idea, although it didn’t play out exactly as I expected, I still plan to do rebuys at the same level, some at ~7.8-7.6. The bearish wedge worked like a textbook and now we find ourselves at a retest of the global trend line, I propose to buy back part just below eight dollars and the second part around six, in the event that the price goes further down.
ps. in the screenshot is what I mean by calling the global trend line
ps. in the screenshot is what I mean by calling the global trend line
Note
It looks like we won’t be able to buy it cheaper, so we’re making a repeat purchase at ~7.8 and waiting for new highs at ~23Note
I think it’s time to continue climbing, the nearest goal is ~11
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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.