Quick update that I'm taking profit on the long position. Expecting some election volatility. Bearish divergence on the 4 hour as well and will likely breakdown out of Bullish Control. Looking for potential reentry around $12,900 if we get there. Potential scalp opportunity to the downside here.
if you connect the tips, top of TL is around 14500. Then it is a wick to 146xx and that fib level. Def down from up there, but def a decent chance it just drops from here. Nice post
Unchained_Trading
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@BullWick, I appreciate the feedback and the input! I agree though my original target was up in that range but closer to 14.9k. Although I am considering something like this as an alternative!