Bull gap, mid range, 1CHBO, mDT, WfBO, XT, DB, 1IB
the gap up broke yesterday’s bear channel (CH)
bulls bought below the broken CH (below LOY) as well as at the TCL of the CH
daily chart
Always In Long (AIL) since 03/29
from yesterday: “aggressive bulls buy the close for a small CXT”
today is a CXT buy signal bar, stop entry (SE) buy on Monday
the SE is a bit high though – above the mid of the XT
a classic, break of yesterday’s bear CH leads to trend channel line overshoot (also a wedge failed BO LOY) the bread and butter target for the bulls is the other side of the trading range (it’s high)
