I am fairly new to TA so I am posting to see what people think about this TA. So I see that we formed a down trend channel. We have tested the top of the channel 3 times now and have pushed the bottom twice. We have three supports that have formed from previous tops and trade channels at 830, 771 and what seems to be a super strong support down at 669.
My first sell was at 941 (10%) followed by a second (20%) at 890, If the sell volume continues and it breaks below 820 I will sell again and buy back at 771 and 667. Again these are just my ideas, I am more that open to other opinions especially with advise on improving TA.
Ps. I believe we will break this down trend channel this week and work our way back 1k+ and start the next phase (Release the bulls)
My first sell was at 941 (10%) followed by a second (20%) at 890, If the sell volume continues and it breaks below 820 I will sell again and buy back at 771 and 667. Again these are just my ideas, I am more that open to other opinions especially with advise on improving TA.
Ps. I believe we will break this down trend channel this week and work our way back 1k+ and start the next phase (Release the bulls)