I was away from TradingView for a few days, but I'm back now and continue to look at the market and look for ideas!
Updating ABBV idea:
Well, after the report, we teleported to shoulder level.
And now several scenarios are possible:
1) Shoulder bounce
2) Shoulder breakout
Which one am I more likely to go with?
A shoulder breakout.
But is it worth taking a position right now?
I don't think it's best to be in it from the day of the report.
I'm not in a position, just watching.
Updating ABBV idea:
Well, after the report, we teleported to shoulder level.
And now several scenarios are possible:
1) Shoulder bounce
2) Shoulder breakout
Which one am I more likely to go with?
A shoulder breakout.
But is it worth taking a position right now?
I don't think it's best to be in it from the day of the report.
I'm not in a position, just watching.