this is assuming we break the head and shoulders we're currently in, which in itself would make sense.
head in shoulders into a bigger inverse head and shoulders?
Sure, why not!
I'm in a long currently but i'll get over it
post a chart, 15 minutes later, post the same chart, but slightly different.
see y'all in 15 minutes i guess.
(no i won't)
You could long here with a tight stop with little risk if we're being completely honest.
But ofc that's not financial advice.
I'm thinking a double top into a plummet down to 6135-6133 (making a sweet inverse head and shoulders)
If you don't think it'll go down that far, check out the chart i posted before this one. It has higher entry targets.
overrall though, bullish as all heck.
mind your stops.
If you're looking to get into ADX here's some of my suggested entries and exits.
there's actually 3 different strategies being shown, all color coded.
Might be a little hard to follow at first but it starts to make sense the longer you look at it lol
NOT FINANCIAL ADVICE
FIND YOUR OWN LEVELS
SUPPLEMENT W/ MINE
p.s. i love you
ch-ch-check the technique.
found support off a long standing resistance from November 2017 which got tested 3 times in that month, finally just got retested and rejected.
realistically, the green candle i'm predicting can test any one of those purple levels above it and make a dead stop, or make pit stops at each one, or blow right past all of them. (I know....
Thumbs up pinpoints support bounced.
Thumbs down is resistance.
resistance are previous supports, and supports are previous resistances.
Sometime today, maybe in the next hour or so, i expect that purple resistance to get tickled, rejected, and then we go sideways for a bit before the final dump before a moderate pump (speculation)