Yes we are going to have another run just like our last, we are seeing some nice solid consolidation here.
Around 14 days and here comes the bullrun, once we enter the blue box we will break out high and continue trend up.
I have been trading the lows and highs of the formed triangle and it’s a nice way to pick up a percent or 2 every few days. Buy low (what we all try to do). The buy low sell high strategy for day traders is best applied to channels and accumulation periods.
We are now nearing toward the apex of the triangle where I will simple enter at the lower of the triangle ready for the break high.
This has a 7-8% profit potential, profit will be generated within 30 days from opening position.
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