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
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.