Your target is rising. Can I ask what you are seeing at that level to make it an effective target? Are you simply looking for a place to short with a decent r:r and that is where you are getting your stop and tgt? I ask because they seem to be "hanging" with no real correlation that I see. Of course I could easily miss something as big as barn these days. :eek:
its difficult for me to see how the week closes above this area too. but i tend to miss quite a bit myself
At these levels, the consolidation areas are essentially meaningless as they are only occurring during short periods. Oddly enough, this is when some tech indicators such as rsi come into play.....but as always, with extreme caution.