TLT - Confirmed bottom - More upside

Thoughts and ideas are my own view.

Now, I've been in a trade on TLT for a little while now. About 2 weeks. It's quite obvious there's a couple things going on here:

1. A reduction of downward momentum that ended in mid-March.
2. A move up followed by a corrective move to the downside which did not make a new low
3. Our indicators indicated we were about to make a move to the upside
4. There's also a visible inverted head and shoulders that broke out on June 8

Mix all these things and there's a squeeze that is expanding to the upside as well. Although we may see a pullback to retest the breakout area, I'm interested in seeing TLT make a move up to approximately $149 in the coming month.

交易進行

We're still in good shape here. I see continued upside ahead of us to hit our upside target of $149. It might take a little longer. A couple weeks maybe. This will follow the ZB trade I also have listed here on TradingView.

交易進行

I'm going to be exiting my TLT trade soon. Hit target or not, the move up today was pretty nice. Lets keep going for a few more days!

交易結束：目標達成

Trade Closed - We took profit on this today. Overall >100%