One of my favorite trades right now. I first posted about this on October 6th, on my socials, before the 30% breakout that ensued.
I still love it as a breakout/retest trade.
The confluence of a HTF trendline support along with LTF trendline breakout, on supporting volume, after taking out HTF demand.
Ideally a $109 entry would be beautiful - but I'd be happy with a $116 entry as well.
My take profit here at $140 is for a short-term trade but I do believe we see a larger move toward the $180 level fairly quickly (depending on earnings which are approaching this week).
Happy Trading :)
I still love it as a breakout/retest trade.
The confluence of a HTF trendline support along with LTF trendline breakout, on supporting volume, after taking out HTF demand.
Ideally a $109 entry would be beautiful - but I'd be happy with a $116 entry as well.
My take profit here at $140 is for a short-term trade but I do believe we see a larger move toward the $180 level fairly quickly (depending on earnings which are approaching this week).
Happy Trading :)
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Weekly 'In the Trades' Newsletter - My favorite tradable setups right to your inbox!
betweenthetrades.substack.com
betweenthetrades.substack.com
Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.