The Road To 28K
Hey Guys,
About half a year ago I pointed out how insanely bullish I would be if we broke out of this 3 year pattern, ESPECIALLY if we got a support flip retest of the old resistance line which played about absolutely perfectly! My target for this measured move is still somewhere around the 27k - 28k zone. But all in all I think this measured move will be only the beginning of this bull market cycle. My overall view of the macro trend with my favorite triangle pattern has made this market quite easy to leverage trade for the last several months. Always remember to zoom out and DYOR :)
About half a year ago I pointed out how insanely bullish I would be if we broke out of this 3 year pattern, ESPECIALLY if we got a support flip retest of the old resistance line which played about absolutely perfectly! My target for this measured move is still somewhere around the 27k - 28k zone. But all in all I think this measured move will be only the beginning of this bull market cycle. My overall view of the macro trend with my favorite triangle pattern has made this market quite easy to leverage trade for the last several months. Always remember to zoom out and DYOR :)
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