Hi everybody, this is me again. Does anyone smell that?? Opportunity?? No, money!! LOL! Anyway, DASH has excellent support on the daily, sellers were able to push the price down just under the fib this time, but next time, well, oh my goodness!! A small entry I believe is feasible, you could even place a tight stop around 107. We can add after the fib is broken upwards, so keep the risk small as this is technically still a bearish formation. But a tiny loss is worth the risk of tremendous upside. MACD looks wonderful as well!
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Happening sooner than I expected, but oh well, so far so good!
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Tight stops here, it could be a steep drop if it doesn't make it out of this brown wedge.
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I'm out for now, not normally something I would do, especially since the daily is so hot, but this triangle is creepy and I feel I can buy back lower in the morning or just revisit it altogether. This is still a good long!
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Sorry about this, I'm so tired I posted the wrong time frame, silly 5 minute. Here's a better look at the scary triangle.
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Decent and fast move! Nice quick profit anyway. Just hope I didn't bail too soon. But I feel the need to reexamine in the morning.
Trade closed manually
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Back in with minimal entry. It broke out of triangle to the upside, daily looks great, but 4hr still looks sluggish.