small term trend (red ray) building into mid term trend (blue ray)
Long into the mid term trend line. From there we see if we reject or leg up.
not financial advice.
Long into the mid term trend line. From there we see if we reject or leg up.
not financial advice.
Trade closed: target reached:
Great reaction off of initial trendline. Scenario 2 (rejection) occurred first, with the retest being supported by greater volume leading to a nice breakout. Great trade!