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Strategies & Market Trends : The 56 Point TA; Charts With an Attitude

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To: Magnatizer who wrote (75256)9/20/2024 2:02:15 PM
From: Magnatizer  Read Replies (1) of 79477
 
DJT

Daily perspective

Retesting recent cross horizontal low. This area (green rectangle) and the overhead uptrend are the most significant on the CCI chart. Entering 1/2 sized lot long TPOR.

I do not expect explosive moves but the base it's built should provide one hell of a downside protector if this area holds as the low.

tradingview.com

Weekly has an upper 17k target using the uptrend channel (grey)

tradingview.com
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