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omeramran67
Mar 19, 2024 4:34 PM

DIS-triangle + swing indicator strategy (LONG) Long

Walt Disney Company (The)NYSE

Description

(1h timeframe)
DETAILS: after a strong gap the price got to the 100+ area.
We entered a triangle (pennant) , the price made a strong breakout with strong volume and bullish candles, made a retest and broke out the swing 10 his strongly .


the middle rectangle is at the last high (the first touch on the resistance line of the triangle)

might happen the price will touch there and will make a retest to the swing 10 high

Comment

we can see how the price get a little weak around the price of the last high ( at the middle rectangle I drew)

Trade closed: target reached

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