Hello Traders I have become very fond of the higher time frames. After 4 years plus experience you do everything you can to drown out the noise.
This is a macro thesis but will allow you to feel confident in playing one side of the market for the coming months.
We must wait for the DXY to Retrace before this potential thesis hits its breaker trigger!
Happy...
The bull pennant we are in shown here on the 6month time frame seems to have a symmetrical triangle for its flag. The breakout target for just the symmetrical triangle is in the $33 range. Factor in the pole of the flag and the potential target skyrockets to 1.2k. Definitely not financial advice and certainly no guarantee it will hit either target as it’s still up...
