Volatility is back bitches. We have seen more 1% swings since the beginning of 2018 than we saw all of last year! While that may be scurry if ur managing portfolios, its exactly what I love to see. More swings, more opportunitys, more trades, more profit. But lets jump into the chart shall we.
The big thing we see here is a big PHAT double top. And whenever we get a sloppy toppy you know what we do. Its time to short to the neckline (In green). Additionally, we just broke down another bear flag. Looking for a 2% upside with a stop loss around 1%.
If we see the double bottom its very likely we rebound and continue the bull market unless we see a catalysts. But hey, from how these past two weeks have been, I wouldn't rule anything out.
Until next time,
Happy Trading
The big thing we see here is a big PHAT double top. And whenever we get a sloppy toppy you know what we do. Its time to short to the neckline (In green). Additionally, we just broke down another bear flag. Looking for a 2% upside with a stop loss around 1%.
If we see the double bottom its very likely we rebound and continue the bull market unless we see a catalysts. But hey, from how these past two weeks have been, I wouldn't rule anything out.
Until next time,
Happy Trading
הערה
oh jeez... rlly teetering arent we.
הערה
flipped my trade once we broke up
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.