Keeping it simple.
I personally am a bounce chaser, but occasionally like to post these long term goal charts.
I drew a long term 2 year wedge, that leads right into 2021. This is a long time to draw a wedge for waiting for it to play out, as there will be many factors contributing to the ups and downs of this one.
We have some sell signals on the weekly, which could destroy this wedge really fast, which may seem more practical.
The momentum is still bullish but starting to taper off into a possible couple month sell off to the bottom of the wedge.
This chart is for fun and perspective.
Happy trading, debating and speculating!
I personally am a bounce chaser, but occasionally like to post these long term goal charts.
I drew a long term 2 year wedge, that leads right into 2021. This is a long time to draw a wedge for waiting for it to play out, as there will be many factors contributing to the ups and downs of this one.
We have some sell signals on the weekly, which could destroy this wedge really fast, which may seem more practical.
The momentum is still bullish but starting to taper off into a possible couple month sell off to the bottom of the wedge.
This chart is for fun and perspective.
Happy trading, debating and speculating!
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