Looking for a pullback somewhere at 3945-3955 area for the next higher low
Longer term I am bearish but short term is bullish
تعليق
تعليق
Break above 3994 will CONFIRM the bear trap and the measured move takes it up to 4100 where you will find some SERIOUS resistance
تعليق
Here on the 2 Minute chart, about 14 Hours before NY Opens. I want to practice my skills of drawing channels in anticipation of NY Open. This is one skill I am currently working on, the ability to draw great channels ahead of time. I am using the 200sma in conjunction with round numbers with multiple touches. Top channel, Mid channel, and bottom channel. In an uptrend I want to be a buyer, close to bottom channel and close to round numbers.
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