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natef1
Feb 17, 2024 9:49 PM

DISNEY Potential Long Setup - Breakout & Retest Long

Walt Disney Company (The)NYSE

Description

Hello traders,

Here is an educational post with a potential long setup in Disney.

If price retraces to the zone where the 3 factors converge, this would be a high probability trade setup. You have the top of the channel trendline, the H&S neckline as well as a Gap Fill all converging at that exact level.

Enjoy and best of luck trading
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