TCAN - I dont chart these long time frames often but saw this when i stepped back and find it very very interesting. I am neutral bearish here. Crazy uptrend on this chart. But i see a bump and run reversal POSSIBLY in the making. Just has to decide which way its going to come out of the current pattern. No position and watching to see how it breaks.
Note
And boom. Down 7% currently but dipped to 15% initially.Note
Bump and run reversal in full effect. Down 18% with plenty of room to tumble.Trade closed manually
Decided it had enough and fought back with a nice turn to the good. Roll complete.
dafster
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dafster
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.