Deep Retracement to Weekly Channel Low

26 4 1
Hi All,

I have this ETF on my watch list for a potential long entry at 68.53 preferably. As you can see the technical aspect of the security is rather simple which is good. Price has run in a bullish channel since the 08'/09' sell-off. This buy point is just an initial prospect for entry, as price action moves forward entry can change.

I will update with targets and stop loss orders once price creeps nearer to entry. Cheers. =)
That's an interesting level to long.
IvanLabrie IvanLabrie
Daniel.B IvanLabrie
Hey whats up man! Thanks for your input & analysis on this trade. Always appreciate your outlook!
+1 Antworten
Welcome, always good to check what others see, since we can't keep track of everything. Cheers!
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