gtrades31

gtrades31 OP t1_j28cn5g wrote

Posted yesterday elsewhere (also the chart): Reentry case ✅. Just retested the upper part of the channel, rejecting in all attempts. So now it needs a correction and possible test to the channel lower part (short closing zone), here we wait a test rejection confirmation for the next leg up (longs). Bellow it = equals invalidation.

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gtrades31 OP t1_j21naxk wrote

SPY 4h. Broke down the internal uptrend channel & near to retest the weekly flag lows (yellow lines); if it get rejected & turns upward there could be another potential reentry or close inside a new developing uptrend pattern to work with.

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