A rock and a hard place

٣ يناير ٢٠٢٠

We are at a critical place in my opinion. Currently bouncing off very long term trend lines, but stuck under 50 Day MA. Watching 1hr candles, which topped on TD 9 sell, for directional indication. Taking a break for more upside and to smash through MA or break the trend line to signify lots of bearishness to continue for a while? We will see. I still see ~1.2K in play, but will be watching closely in a few key areas on the way down.

https://www.tradingview.com/chart/pBcJDqif/

٣ يناير ٢٠٢٠

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