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META daily channel is getting tight.

By DMT_Doctor
Updated
META daily chart shows consolidation and has a lot of room to supply above recent highs, should the daily 5 SMA confirm to the upside. Watching closely to see which way this consolidation resolves, as there are always a million opinions, but only one confirmation. snapshot
Trade active
META confirmed the channel to the upside. I am long and looking to scale out of my runners into the recent highs from 8/15.
Trade closed: target reached
META reached the target of the 8/15 highs and the trade was closed. These highs will be an area of interest for a new potential trade to the upside in the coming days.
channelbreakconsolidationzonemetametaanalysismetalongmetashortMoving AveragesPivot PointsSupply and Demand
DMT_Doctor
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