Bias: Long, but only on a retest. No position at 92.
Entry trigger Weekly reversal candle off 70–74 with above-average volume
Invalidation Weekly close below 68
Target 1 100–107 (reclaim the broken shelf)
Target 2 120
Risk per unit ~8% from entry to stop — size accordingly
Timeframe Weeks to months; this is not a next-week trade
Do nothing if: price stays between 74 and 107. That's the middle of the range and the worst place to commit.
Abandon the idea if: 68 goes on a weekly close. That puts price back inside the 25-year range and turns the advance into a bull trap — 55 then 40–45 open up.
Not financial advice. My own plan, shared for discussion.
Entry trigger Weekly reversal candle off 70–74 with above-average volume
Invalidation Weekly close below 68
Target 1 100–107 (reclaim the broken shelf)
Target 2 120
Risk per unit ~8% from entry to stop — size accordingly
Timeframe Weeks to months; this is not a next-week trade
Do nothing if: price stays between 74 and 107. That's the middle of the range and the worst place to commit.
Abandon the idea if: 68 goes on a weekly close. That puts price back inside the 25-year range and turns the advance into a bull trap — 55 then 40–45 open up.
Not financial advice. My own plan, shared for discussion.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.