long squeeze creates bull channel

stops were triggered at 2850 creating a scam wick which identifies the new channel

Zlecenie aktywne:

target generally reached, took profit and went short at 291.58. next target is bottom of the channel, roughly 288.

Komentarz:

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.

Komentarz:

Komentarz:

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.