On watch for now

Three scenarios i can see, each one tending for a break out.

Scenario one is the most "unstable" since the breakout could be long and short

Scenarios 2 and 3 will be long.

We have a nice wedge coming additionally we got that cup already, so chances are good.


I'd like to hear your opinions on this chart

Komentar:

looks like price takes the long way all to the way to the end of the channel

Komentar:

lets see if the support line holds and then, after bounce back, I will open a small long position. Trigger (for me) is the bounce back of the green support