While it's a totally different concept compared to what the market happened.
With the Q1 market fluctuation, MA showed great to remain a intact weekly uptrend!
It solved the 1st thing-- I don't want to short the nor the inside week breakdown at all !
2nd question: how about the inside week breakout, is this too high to buy?
The hard part for this setup is that it can only get its 1st kick after it made new all time high.
Other than that, I actually like this long a lot!
Here we got 2 options:
1. wait for the weekly breakout and trade the intra-day setup
2. trade the inside week and put the 1st kick at the @182.5, and execute careful risk-reward stop!
Let's see how it goes!
New high!!put the out below 193 pivot to trail!
Well, It's never too high to buy lol.
All time high! put the out below 196.00 to trail.