Bear Beware: Diamond Bottom
I saw this diamond shape forming.
I am still holding my puts for 7/15 and am hoping we can drop a bit lower and at least test the bottom of this diamond shape. At that point I will probably aim to take some profit personally as this shape is starting to cause me some concern for my short strategy.
TLDR: I am positioned for a downside break but if we break up I think it will be a good sign to go bullish.
Just my tea leaf ramblings.
I am still holding my puts for 7/15 and am hoping we can drop a bit lower and at least test the bottom of this diamond shape. At that point I will probably aim to take some profit personally as this shape is starting to cause me some concern for my short strategy.
TLDR: I am positioned for a downside break but if we break up I think it will be a good sign to go bullish.
Just my tea leaf ramblings.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.