Do things can happen twice?
تم تحديثه
Basing on fractal of previous price moevement I made a fractal which I think we are going to follow. Price will close above daily 12 EMA and then got rejected by 26 EMA. Rejection of 26 daily EMA and breaking down 12 daily EMA would be very bearish signal. My idea about Stoch/Rsi is still active and according to it we still haven't bottomed yet. That's why I don't take any long positions. Even it looks like breaking up right now.
تم فتح الصفقة
4H perspective looks even better. 4k 100EMA is clear resistance zone and I place my shorts around this lineتم فتح الصفقة
So far so good. The price closed above 12 daily EMA and follows price action from June. 2 of my 4 shorts are already filled. I wait with another two shorts when we get closer to 100 4hEMA. I hope bulls can get there ;)تم فتح الصفقة
It looks like we are going to make it. I set 3/4 of my shorts over 6500. I wait for the last one after confirmation. 12/26 cross 4hEMA is the confirmation. There is one exception which can relevant here. I describe it in another updateملاحظة
There is less likely possible situation we make cross and bounce again so I am going to watch price action carefullyتم فتح الصفقة
We bounced but it was likely to happen. We didn't make bearish cross but the plan is active. Some day traders could take a lot of profit here but I don't daytrade and just find places of strong resistance/support and put my trades there. Right now we are getting closer to strong resistance zone where I put the last of my shorts. Crossing 26 daily EMA invalids plan. Price action is still very similar to june. We also got a decent bounce before the final drop. ملاحظة
June price action. It looks almost identical and that's why I have some doubts about it. Do the things can happen twice??تم فتح الصفقة
Price action looks strange. It should fall but high selling volume was absorbed by buyers. I closed my shorts in profit for now and I am watching price action carefuly. Maybe another retest. My plan is valid till 26 DEMA holds the price down.تم إغلاق الصفقة يدويًا
This one is inactive anymore. I mentioned it in my last analysis 
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.