benjihyam

Is $CGLD ready for its next leg up targeting $20?

Long
COINBASE:CGLDUSD   CGLD/USD
Entry at $5.27. Target $20. Stop @ $4.15. Almost 4x upside.

Let's see how it plays out over the coming days/weeks.
Comment: Stop now moved up to $5.68 to exit in profit if the market were to turn down.
Comment: Back in at $6.32 on the reclaim of the 50% retracement
Comment: Next stop a retest of the highs -- let's see if it breaks. If it does, then targets still on the table.
Comment: I was stopped out on this trade. Will reassess over the coming week(s)
Comment: Reentered trade again at $6.70... let's see what happens. Looking like it wants $7.38 next. If it can break that then $8.03, $8.50, and above that there's a clean path to $20+