In my last idea, I told you to watch the levels that were on my chart, as I believed they were the most important ones, and 40.5k was one of them (and our final target).
We rejected off this level beautifully for a 9% drop, and we are back below the VAH.
We now have the fib golden pocket at 36.1-36.5k as support, if we break it daily is next at 35.3, then POC, and so on (all the levels are on my chart)
If we bounce and reclaim the VAH, then we could be looking back again at 40.5k, but for now, we are expecting lower.
Any questions?
Good luck traders
Remember not to break your rules
Habib
We rejected off this level beautifully for a 9% drop, and we are back below the VAH.
We now have the fib golden pocket at 36.1-36.5k as support, if we break it daily is next at 35.3, then POC, and so on (all the levels are on my chart)
If we bounce and reclaim the VAH, then we could be looking back again at 40.5k, but for now, we are expecting lower.
Any questions?
Good luck traders
Remember not to break your rules
Habib
