This is an atypical form of Re-accmuation trading range
Bar @ 29th , 30th, 31st July formed the Springboard (Red Arrow)
-noticed the supply reducing (this is an Absorption)
I bought my first position @ 29th July
Added more @ 31st July
Tight risk
Bar @ 29th , 30th, 31st July formed the Springboard (Red Arrow)
-noticed the supply reducing (this is an Absorption)
I bought my first position @ 29th July
Added more @ 31st July
Tight risk
Trade closed: target reached
decided to exit @ $188 (7th august) . market too volatile
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.