IREN is on a rocket ship right now
Top of channel lining up with this old weekly level, though,
I won't be thinking of a short unless we get a strong rejection, though; it could easily blast through the way it's been blasting through everything else.
Currently hanging around at the Golden pocket of the uptrend.
Would be interested in a long if we got a retrace to the whole move golden pocket, which sits on the current range VAL. Would also sweep liquidity from the recent lows.
Would need to see a good reaction to take the trade.
Nike has swept liquidity and is now showing a strong bounce to the upside.
Although I didn’t manage to enter the initial long, I am monitoring for a break above the current downward-sloping channel. A clean breakout followed by a retest would provide a more reliable entry point. I’m not aiming to catch the absolute bottom—I’d rather wait for confirmation of trend...
