Microsoft has yet to reclaim all time highs after it peaked in July at $468. Forming a symmetrical triangle as price is being compressed towards the breakout zone.
Recently price bounced off the support, into the 0.618 and into resistance. Looking for a potential break although there is strong resistance above, or a break down and continuation of the downward trend.
Let's see where this goes.
Recently price bounced off the support, into the 0.618 and into resistance. Looking for a potential break although there is strong resistance above, or a break down and continuation of the downward trend.
Let's see where this goes.
註釋
blasted through resistance #1, lets see if we can hold this zone 註釋
Long trade would look like this 註釋
Would like to see the high next 註釋
Back to entry, retest of the breakout 註釋
Looking at these 2 zones now 交易結束：達到停損點
stopped out on the move back into the triangle. 
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