A quote I remember about trading that really resonated with me, is "Forget buy low, sell high. Buy high, sell higher".
Bullish ascending tri with measurement. Couple ways to play this imo. Could play the high risk play now based on the fact ascending triangles have a bullish bias, or the safe play to wait for the top horizontal break to long it. Then the really safe, probably most correct way, wait for a break then buy a pullback.
Bullish ascending tri with measurement. Couple ways to play this imo. Could play the high risk play now based on the fact ascending triangles have a bullish bias, or the safe play to wait for the top horizontal break to long it. Then the really safe, probably most correct way, wait for a break then buy a pullback.
Kommentera:
Our ascending tri didn't manifest but it looks like it's morphing into a rectangle with the way it caught support at that prior consolidation level. will be looking for the same top horizontal break of that ascending triangle (now rectangle) for strength.
Kommentera:
the descending triangle breakdown level is marked but would not be shorting this uptrend; rather looking to enter/add depending on your current situation
Kommentera:
got that rectangle break and looks to be bull flagging again. thought it may tap top of rectangle again but lower timeframe's looking bouncy