This shit looks really bullish. I almost think we can break up from this channel lol. But, we deal in probabilities and its a high probability we will see a retrace soon, IMO.
With that being said, I am looking to close 50% of my small long orders in the red box
and begin longing at the green boxes. Allocating 70% of my ladder to those orders.
lastly, although I am not advising anyone to short here, this can be a nice short entry.... but the chances of it shooting up out of this channel would be higher than normal imo. Which is why I am only closing 50% and holding the rest.
THIS IS A LONG ENTRY LADDER — NOT A SHORT!
With that being said, I am looking to close 50% of my small long orders in the red box
and begin longing at the green boxes. Allocating 70% of my ladder to those orders.
lastly, although I am not advising anyone to short here, this can be a nice short entry.... but the chances of it shooting up out of this channel would be higher than normal imo. Which is why I am only closing 50% and holding the rest.
THIS IS A LONG ENTRY LADDER — NOT A SHORT!