Reaction upwards from filling the CME gap, but hold your horses!
Significant upward resistance met at 7900 after violent reaction at filling the CME gap. Check tensorcharts. This could be a bull trap.
I missed my previous target and was stopped out while I was sleeping; however, I've re-positioned my short and I am still targeting the downside.
I missed my previous target and was stopped out while I was sleeping; however, I've re-positioned my short and I am still targeting the downside.
Note
Looking at the CME chart, the price is hitting resistance at the downward sloping channel.Note
Note
Bumping up against that 200MA on the 15m time frame.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.