Update from previous idea:
what a trade!!!! absolutely buzzing with this one. so if you look 2 days back I posted this long position placing the buys for a staggered entry, which is the best way to swing trade when you're not an absolute expert at trading it gives you several chances to buy in so timing the bottom isn't exactly the biggest deal.
we actually ended up catching the bottom perfectly before seeing some crazy upside. resulting in a 5% trade that is literally the perfect position. I am glad I could actually showcase a trade perfectly using the analysis we look at everyday.
anyway, we have butted heads on the 0.27 perfectly here and I am perfectly happy with a slight pullback, I think a new fib will need to be placed but I just wanted to update this long position because im so happy with it.
we are in this range currently and seeing some consolidation here is good, we also unfortunately moved up so fast there is lots of liquidity down below us, so genuinely wouldn't surprise me if we drop back down slightly.
Best case - consolidate at these levels
Worst case - lower high lower low short term coming down slowly to catch liquidity.
what a trade!!!! absolutely buzzing with this one. so if you look 2 days back I posted this long position placing the buys for a staggered entry, which is the best way to swing trade when you're not an absolute expert at trading it gives you several chances to buy in so timing the bottom isn't exactly the biggest deal.
we actually ended up catching the bottom perfectly before seeing some crazy upside. resulting in a 5% trade that is literally the perfect position. I am glad I could actually showcase a trade perfectly using the analysis we look at everyday.
anyway, we have butted heads on the 0.27 perfectly here and I am perfectly happy with a slight pullback, I think a new fib will need to be placed but I just wanted to update this long position because im so happy with it.
we are in this range currently and seeing some consolidation here is good, we also unfortunately moved up so fast there is lots of liquidity down below us, so genuinely wouldn't surprise me if we drop back down slightly.
Best case - consolidate at these levels
Worst case - lower high lower low short term coming down slowly to catch liquidity.
