A daily look at the current situation anticipates a breakout to the North around the first week of July. The green box is 70%-75% of the entire triangle. A typical breakout area. If the price breaks North as expected the new target is around $16.2K
Good luck!
BBS out.
Good luck!
BBS out.
Trade active:
I'm still bullish on this pattern and think is should resolve soon. I moved the lower trend line to make a better fit on the latest price action.
Trade active:
Press the play button and be amazed.
We missed the first yellow line target but hit the second one to the day! Still long and strapped in to the command module. Will we get a retrace at some point? Of course. Am I selling out? No. Will I add to my position? Absolutely!
The Bears are being thoroughly slayed. As it should be.
BBS out.
We missed the first yellow line target but hit the second one to the day! Still long and strapped in to the command module. Will we get a retrace at some point? Of course. Am I selling out? No. Will I add to my position? Absolutely!
The Bears are being thoroughly slayed. As it should be.
BBS out.
Trade closed: target reached