Consolidating?
Practicing my crayons skills... Don't judge :)
Fixed range VP setup near breakout zones
Things of interest
- Previous dips chopped before the next leg up
- Currently just outside high volume zones. Low vol = consolidation potential?
- Holding, so far, previous resistance zone
- Sideways moves could give time for breadth to improve
- Oil appears to be going up --> good for the markets?
- 'Triangle pattern' kinda interesting
Position:
If asked, I'd say wait for a trend.
Full/final position for the year will be initiated on trend confirmation via private scripts, MAs, etc.
Not financial advice. Good luck and don't risk what you can't lose!
Fixed range VP setup near breakout zones
Things of interest
- Previous dips chopped before the next leg up
- Currently just outside high volume zones. Low vol = consolidation potential?
- Holding, so far, previous resistance zone
- Sideways moves could give time for breadth to improve
- Oil appears to be going up --> good for the markets?
- 'Triangle pattern' kinda interesting
Position:
If asked, I'd say wait for a trend.
Full/final position for the year will be initiated on trend confirmation via private scripts, MAs, etc.
Not financial advice. Good luck and don't risk what you can't lose!
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