Not financial advice. Just my assessment of the current situation.
And update from previous chart I posted..
We are still trading in the triangle. So all is well.
What has changed my friends of Tradingview is a few points of fight before going after new all time highs.
I made about the most detailed chart that I'm personally capable of making. I hope this chart will give you the tools to make successful trades.
So I will break it down into color patterns as easiest way for you to understand.
Adjust your profit taking accordingly to the highlighted numbers depending on your personal position in which you entered.
Red-Blue-Yellow
RED
I have highlighted as previous levels from previous chart I posted.These are all forms of resistance of varying levels.
17.90
17.06
15.58 entry stop loss 13.20
11.67
10.25(bottom of triangle literally but still in the triangle for continued uptrend long term)
Blue
Please Note: these will be strong forms of resistance or fighting between the bulls and bears. Again adjust accordingly to your position wherever you entered at.
20.63 (the all time high of course they'll be a fight and pullback it always does.)
19.25( must run thru for continued uptrend in short term)
18.63
16.56
Yellow
I have this as the entry zone if my trade box is invalidated so these levels would be
13.29-14.12 entry
With a stop loss of 11.40
Again its my duties to give the most detailed analysis of my abilities and pass my knowledge on to help others.
I hope this chart helps you and remember to stay strong. Stay in the game .
We're still in the triangle so still 29.00 is my target.
Don't get weak hands. Remain humble.
Remain strong. Dont be deterred by short term issues for long term goals
Happy trading
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