Potential scalp trade off the 1.618

١٧ ديسمبر ٢٠١٩

Looking for a potential short term long at $6,500 up to roughly $6,800-$6,900. We are due for a bounce and the bears are getting exhausted. Depending on price action I will assess the potential upside target as we progress into the potential trade.

١٧ ديسمبر ٢٠١٩

ملاحظة

Took a risky long off that spike and rejection. Was based off a gut feeling and imperfect wave structure. Not advised to do the same but we may get a bounce.

١٧ ديسمبر ٢٠١٩

ملاحظة

A break below $6,500 would take us to $6,100-$6,200