Weed will it retest lower channel

We may see a weak retest of the lower channel.
Watch for quick opportunities over the next couple of weeks.

Be patient, and watch your risk management.

Transaction en cours:

I am watching for new low levels.
Head and Shoulders is completing on Daily, suggesting a reversal is possible.

Commentaire:

This week we are seeing weakness.
Watching for a strong rejection, perhaps a double bottom for entry zone.

Commentaire:

Weed is testing the 36.50/36.00 zone this morning.
Look for a bounce or double bounce and reversal later today or tomorrow morning.

Commentaire:

We got our channel bottom test this week.
Buy the fear, sell the news setup.
Watch for setup, or if you are aggressive, like me, I am already building my position off the rejection.