12 Jun 2022: Price Dropped Down To $96.70
16 Aug 2022: Price Rose To $174.2 (+80% Increase in 2 Months)
Since 16 Aug 2022, we have been in this specific downtrend channel.
Closing the weekly candle above $153.10 would signify a new previous high and/or possible reversal.
Possible Resistance/Support Zones #1-4 Drawn Out. Higher # Zone = Higher Probability/Strength for Possible Resistance/Support due to overextension in price.
16 Aug 2022: Price Rose To $174.2 (+80% Increase in 2 Months)
Since 16 Aug 2022, we have been in this specific downtrend channel.
Closing the weekly candle above $153.10 would signify a new previous high and/or possible reversal.
Possible Resistance/Support Zones #1-4 Drawn Out. Higher # Zone = Higher Probability/Strength for Possible Resistance/Support due to overextension in price.
Comment:
Broke Thru Resistance 1, Looking to break R2 at $162.10
Comment:
Broke Thru Resistance 2 and 3, Looking to Break R4 at $174.20
Comment:
Nice.
Trade closed: target reached:
Up +23% from Post. Congrats if you took this trade.