DISNEY - Potential Long Setup - Major Level Broken

8 months ago 21
DISNEY - Potential Long Setup - Major Level Broken

Hello traders, heres a potential setup that I am tracking on Disney.

This is very intriguing to me due to the convergence of 2 trendlines and a gap fill all at the same level.

This tells me that if price retraces into the zone where the 3 factors converge, this will act as a major support level and should be a high probability trade setup.

Whether you take the trade or not it should still be interesting to see how price responds off of these levels!

https://preview.redd.it/3w3axthpv7jc1.png?width=3190&format=png&auto=webp&s=06f71d69eeba80d6aecc8ac55025837de31402c2

submitted by /u/TraderNate-
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