The path is clear to the top of the channel, should coincide with ATH retest @ ~7850 CNY
Closeup of breakout:
Closeup of breakout:
Comment:
So here's a possibility -
Comment:
Almost 50% to target, 17% profit so far
Comment:
broke 6900 CNY, getting closer
Comment:
A little update... if (when) this breaks upwards, should head nicely to 7500. I'd expect some retrace there before ATH attempt so will probably close longs or raise stoploss
Comment:
Perfect touch on trendline, long closed
Comment:
If we clear 7700 on OKcoin I will relong for ATH retest at 8000 CNY
Comment:
Reopened long. 8000 CNY on the horizon