DASHUSD Continuation pattern under highs
Longs left in the market were triggered by the spike down to
641 level (low at 639) so we got filled, just! Ain't fishing great?!
Now Dash is unwinding again but doing it in a flag/pennant
formation under the highs. two striles of the lower parallel
signifies hot, still. Don't want to close this position unless the
lower parallel fails, in which case it will tumble back to 673
and spike at 641-639 again. If this happens close and buy again
at 643 with stops 20 lower.
On upside, look to add or follow on a break above the upper
smaller parallel of the flag for move to up to the bigger
parallel above it where look to take profits again and buy
back from lower once more.
Longs left in the market were triggered by the spike down to
641 level (low at 639) so we got filled, just! Ain't fishing great?!
Now Dash is unwinding again but doing it in a flag/pennant
formation under the highs. two striles of the lower parallel
signifies hot, still. Don't want to close this position unless the
lower parallel fails, in which case it will tumble back to 673
and spike at 641-639 again. If this happens close and buy again
at 643 with stops 20 lower.
On upside, look to add or follow on a break above the upper
smaller parallel of the flag for move to up to the bigger
parallel above it where look to take profits again and buy
back from lower once more.
Comment:
DASHUSD 2 strikes here means hot..so can expect a break out to upside quite soon potentially...follow for blast to the upper big parallel and close out there...
Comment:
Publishing Limit reached so could not upload last night...would not have been struck though by look of it ...2 or 3 points out....but shows how Dash can be picked up still off lows...we will try again here...
DASHUSD Trying to base at 595
Can try hanging an order out to buy at 596 with a stop below
578 and hope it doesn't get taken. It's trying to base here and
whipping in a 100 point range from 595 to 697. Stick a sell
order in at 694 if we get struck on the buy and don't get
stopped out in the process. Alternatively if you can watch this
and have the patience or set an alert at 600 to watch then if
it goes off that would be much better and less risky
DASHUSD Trying to base at 595
Can try hanging an order out to buy at 596 with a stop below
578 and hope it doesn't get taken. It's trying to base here and
whipping in a 100 point range from 595 to 697. Stick a sell
order in at 694 if we get struck on the buy and don't get
stopped out in the process. Alternatively if you can watch this
and have the patience or set an alert at 600 to watch then if
it goes off that would be much better and less risky