RantingPatriarch

long squeeze creates bull channel

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RantingPatriarch Atualizado   
CME_MINI:ES1!   Futuros E-mini S&P500
stops were triggered at 2850 creating a scam wick which identifies the new channel
Trade ativo:
target generally reached, took profit and went short at 291.58. next target is bottom of the channel, roughly 288.
Comentário:
but if we don't sexily touch the top of the channel, i'll take small profit on this short and re-long somewhere in the middle of the channel, the extra time spent will push the high target up to 294.
Comentário:
Comentário:
May 10 target is 2950. This will form a double top and cause all the noobs to panic, but infact it will just touch the bottom of the bull channel and then test 3k.

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