SOFI Seems like it is forming a bull flag, IF price can come down to the highlighted green area, I will long any rejection or bounce from the area.
If price just breaks out here I will not be chasing it. There are plenty of opportunities no need to FOMO rush in.
- It happens to coincide with a significant resistance turned support.
- waiting for it to come down gives me better entry and risk/reward.
If price just breaks out here I will not be chasing it. There are plenty of opportunities no need to FOMO rush in.