I want price to cross below donchian mid-line over the next few days and only play it if the following day goes above the previous high. This similar move happened mid-November 2017 (circled).
I'll follow this and watch how it's going to play out.
Pls keep us updated.
MattDeLong
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@hyperbit, using the donchian channel (free indicator on TradingView), which helps a trader measure the "buy the dip"... ask yourself, how much is too much of a dip to avoid?? (like on SQ) and how much is "not enough" of a dip to take a position?
So you're seeing a dip in the 14k area?
I'll follow this and watch how it's going to play out.
Pls keep us updated.