OMG! it's time to back up the truck!!! (well almost) OMGBTC
This couldn't be a more perfect setup. I have bought a 1/2 position on the breakout and will buy the other half on confirmation. I love this pattern, but be cautious as always. Many times when a setup is this clear it fails. Keep your eyes on the charts, and keep to your plan. This could be the play of the day!!
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Please note there are several other indicators I am looking at this is just an overall view to avoid a cluster of TA. In otherwords the big picture. I like to have several indicators tell me that we are ready to break. Trading with one or two like I see so many do is a recipe for failure. Good luck in the market today!!!
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You must always have an exit plan in the event a trade goes bad. Failure to take a little loss leads to large losses at some point.
You must always have an exit plan in the event a trade goes bad. Failure to take a little loss leads to large losses at some point.
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Ok looks like we have confirmation and are ready to back up the truck. I just added to the overall position.
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Further evidence that whales are not a factor!!!!
Further evidence that whales are not a factor!!!!