With that said, take the flag pole move into the flag and use a
.618 and 1X of that move for possible targets (can do the same on
the first leg up as well for guides). Another target would be
the distance of the triangle to upside. Again, I don't get bogged
down in targets as much as objective entries. Then I simply adjust
to the candles.
It may stay range bound for awhile longer...then it may gap.
Keep stops in place if taking some early.
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Hey steve, considering the bull
GDX Views
Posted by jreeves197 on 25th of Nov 2014 at 01:31 pm
Hey steve, considering the bull flag plays out. Do you have a target area for the move?
jreeves...first simply looking for new
Posted by steve on 25th of Nov 2014 at 01:38 pm
jreeves...first simply looking for new highs.
With that said, take the flag pole move into the flag and use a .618 and 1X of that move for possible targets (can do the same on the first leg up as well for guides). Another target would be the distance of the triangle to upside. Again, I don't get bogged down in targets as much as objective entries. Then I simply adjust to the candles.
It may stay range bound for awhile longer...then it may gap. Keep stops in place if taking some early.