- I'm holding 15% @ 7821 position from week 6 and will be adding another 15% @ 6891 and 30% @ 5701 - I'll be looking to close all holdings around 10500-11000. - I have a neutral view. If price does move down i'll add, if it doesn't i'll be only holding a 15% position, as i think that is enough exposure for the 7-9k price range at the moment.
Please like if you appreciate the idea!
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Not much happening. Expecting some extended price compression during the rest of the week, unless there's an event/news item that adds some volatility.
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Price has broken out of the pennant and is now at the 0.236 Fib level of the sell off since ATH.
Looking to close my 15% @ 7821 position around 10300-10900, but it depends a bit on how it reaches this level and to what level i think we'll see a retrace (i'll either hold or add).
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I will be closing my position if: - Price reaches the bull channel resistance - If price consolidates sideways a bit and reaches the 10300-10900 range
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Closed my remaining 15% from 7821 @ 9995.
Looking to re-enter around 9-9.3k successfully backtests that level.