I'm looking to get long here, but only within the structural Buy Zone I’ve mapped out between 210.37 and 239.38.
This level is a high-signal area that aligns w/ the Aug '25 washout bottom near 234, and I'm looking to replicate the same trade I executed on that initial drop last year. IMHO, there's no need in chasing the tape here... I like the setup, only if we get a print below that 239.38 upper band.
My plan is to start scaling into the position at that point and add size accordingly as it develops within the zone. I’m staying patient for now. GL out there!
This level is a high-signal area that aligns w/ the Aug '25 washout bottom near 234, and I'm looking to replicate the same trade I executed on that initial drop last year. IMHO, there's no need in chasing the tape here... I like the setup, only if we get a print below that 239.38 upper band.
My plan is to start scaling into the position at that point and add size accordingly as it develops within the zone. I’m staying patient for now. GL out there!
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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.