A sideways 80% range channel right near 2019 and 2020 highs would be ideal to build a base. Buy low, sell high until it breaks out.
Give to me.
Comment
⋅
Turns out, it already broke out and the lower end of the predicted channel was not it. Probably making a declining wedge and this is the first wave up. Going to stay choppy.
Comment
⋅
We got a smaller channel than we had hoped for a good range trade, however we had consistent highs and lows staying in the upper bands. Free LINK
Comment
⋅
Channel is staying true. It bounces any times it enters the lower band. If it stays consistent in lower band then its a good idea to reduce exposure or hedge as it will be more likely to break lower. However it continues to have buying power in the lower band area.