Buy Red Sell Green
1690.35 currently
Thought i'd have a look at his since its in the red today and apparently a favorite of many.
Making a nice pennant on the daily with 3-4 attempts already at breaking upwards.
Had a nice bullish engulfing a few days ago and now retraced just to where support is on the yellow line .
Descending wedge in play i would say very low risk since SL is just a tad below at 1674.75.
This should fly to 1800 at the very least however i feel this one goes on price discovery soon as well.
Cheers!
Thought i'd have a look at his since its in the red today and apparently a favorite of many.
Making a nice pennant on the daily with 3-4 attempts already at breaking upwards.
Had a nice bullish engulfing a few days ago and now retraced just to where support is on the yellow line .
Descending wedge in play i would say very low risk since SL is just a tad below at 1674.75.
This should fly to 1800 at the very least however i feel this one goes on price discovery soon as well.
Cheers!
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