MSTR - The Saylor in the Storm!

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.

📈MSTR has been overall bullish trading within the rising channel marked in blue. (log chart)

Currently, it is in a correction phase within the falling red channel.

Moreover, the red zone is a strong demand.

🏹 Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of demand and lower trendlines acting as non-horizontal support.

📚 As per my trading style:
As #MSTR approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich

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TheSignalyst

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TheSignalyst

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