Key pattern im watching this week. Look up "diamond top pattern" google and as is the 30min on GME resembles this. I know i know. "buy and hold buy and hold".........But if your an actual trader who cares about their capital and not a degenerate gambler then maybe you will consider watching this for the possible break to the downside.
Break and hold over the resistance TL would cancel this pattern and i would then consider this a long to potentially retest highs/breakout to squeeze higher.
$300 key support level as is, break/hold under may make for good short rvr
If begins holding over $350/breaks resistance trendline will consider this as long
As is "neutral" because price can really go either direction at this point.
Break and hold over the resistance TL would cancel this pattern and i would then consider this a long to potentially retest highs/breakout to squeeze higher.
$300 key support level as is, break/hold under may make for good short rvr
If begins holding over $350/breaks resistance trendline will consider this as long
As is "neutral" because price can really go either direction at this point.
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