Couple observations from this channel that I am seeing.
1. the top of each rally in this channel is exactly $1K from the bottom.
2. First retrace was $700.
3. Second retrace was $700.
I am keeping an eye on this pattern for entry points and targets for getting out.
This is my first TA. Please feel free to roast my chart, but I would rather hear some good feedback.
1. the top of each rally in this channel is exactly $1K from the bottom.
2. First retrace was $700.
3. Second retrace was $700.
I am keeping an eye on this pattern for entry points and targets for getting out.
This is my first TA. Please feel free to roast my chart, but I would rather hear some good feedback.
Comment:
So my price observation went bust, so i will not be looking at that anymore. I will be keeping an eye on the channel as we have been pretty clearly following that trend for nearly a month. A lot of uncertainty right now with a lot of price action but not a lot of volume to back that up.