Gotta love TV BUY/SELL chart. DRIP is low TV says "Sell". CLR is high TV says "BUY". Yall have me fuqured up with your lies. Full bull DRIP! Full bear Oils!
With the top players nearing at or around top consolidation ranges and DRIP hanging as the low fruit bear index it's almost, ALMOST, too easy. Exit target from 16-22. Pay no attention to the 40 mark. I mean it's clearly a visual point of resistance but with all the splits I don't think the volume could ever get there. But if it's a winner I say let it run.
BTC still lingering in a huge sell-off range. But, if we focus on on the sell off itself theres pretty good potential its a brief accumulation. Either way we play it at least we have a clear view of where our positions and stops should be. Buy for a 10%+ gian. Short until we confirm the old support. Risk management folks. Risk management.
Hate to say what I'm looking to happen overseas for another event but if that's what it takes then I'll be ready. Options: Dec exp, bull call spread ITM. Will adjust as needed. Not a big fan off cutting off a leg but I will if that boundary confirms bullish continuation.
No fancy FIBs or exaggerated speculation. Just clean and simple S/R, boundaries, overall direction of travel. Less is more.
I'd wait it out until some form of consolidation is in sight. Took my shorts a little early but a win is a win.
Sometimes it's the simplicity that can say so much more.
I could be bearish here. But things change quickly round these here parts.
I could almost expect a quick support test but as is I see a buy. Just set the stops and chive on. Any objections?
I'd look more at a buy after we break resistance with confirmation. As of rightnow it's a sit and wait.
If this makes sense to you then you're doing just fine. If this bothers you then you are part of your own problem.
We still have some growing room but I'd expect a slight pull back on the 1d. Candle 1,2,3 on the break out and ready to feel the floor. Looks like 6100 wants to be in the game.
Great little run we had. I think I'll tighten up my stops from here.
Very confident signal breaking upward today. Should be setting in stop-losses as it progresses from here.