DIS is poised for break out of trendline going back to august 2015. Decent chance it will happen, but risk:reward is on shorter side as we can risk our short off a higher high.
Trade active
Entry @ 110.64Note
Stop loss set at 113.19Trade active
*correction entry @ 112.1755Trade closed: stop reached
Loss taken @ 113.19
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.