Keeping this one short as always. Liking the market structure here on LTF. Think we should see a push coming days/next week into 50$. Once we see a breakout above this trendline the double-bottom pattern should be in play.
Stay safe!
Stay safe!
Kommentar:
First target would be 44$, I wil take partial profits here.
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I just read about the Stripe implementation, didn't know about that! Now I feel even more confident about this trade :)
Now you could say it was all in the charts anyway... this is why I focus entirely on the charts! Price action is telling everything you need to know.
Now you could say it was all in the charts anyway... this is why I focus entirely on the charts! Price action is telling everything you need to know.
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Got rejected off the trendline. Still in position, I will add if it drops to 32$
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32$ hit, added to position
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Looks like AVX is trying to brea kout here. If so, momentum should accelerate once we break above 34-35$
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Touched 40$ which would be the neckline of the double bottom. Think we will consolidate here for 1-2 days before breaking through, already took some profit and playing it safe.
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Trade still valid, but failed pretty bad at the neckline. Still think we will see 50$ coming weeks.
Kommentar:
I almost consider this attempt as failed. Now if things get really ugly, we could see 25-28$ next week. Closed my remaining longs already.
IF it decides to go lower, I will add to this position at ~28$