We may see a weak retest of the lower channel.
Watch for quick opportunities over the next couple of weeks.
Be patient, and watch your risk management.
Watch for quick opportunities over the next couple of weeks.
Be patient, and watch your risk management.
Note
This week we are seeing weakness. Watching for a strong rejection, perhaps a double bottom for entry zone.
Note
Weed is testing the 36.50/36.00 zone this morning. Look for a bounce or double bounce and reversal later today or tomorrow morning.
Note
We got our channel bottom test this week. Buy the fear, sell the news setup.
Watch for setup, or if you are aggressive, like me, I am already building my position off the rejection.
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.
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.