Smaller Time frame - this is what I'm expecting. If we break the downtrend red line, we should bounce to around 65-66. However, it will most likely be a Bull trap, and we will go lower to 51 area. Be careful and use stops as we get close to target areas. Watch the RSI on the 15 minute if you are day trading!
Good Luck :)
Good Luck :)
تعليق:
Downtrend broken. Expect a retest of breakout zone and then onward to D
تعليق:
Bull Flag broke upwards. We should be near 65-66 by tonight or tomorrow early am (NYC time).
تم فتح الصفقة:
تم فتح الصفقة:
Updated Trend line
تعليق:
Stop loss hit