Watch for breakouts
Updated
Descending channel for now until support trend (blue line). If this trend line breaks, then descending channel will continue to landing zone where trades should be reviewed.
If we break upper descending trend line (black line), we should look for a rebond around the 12K mark.
If we break upper descending trend line (black line), we should look for a rebond around the 12K mark.
Note
broke upper trend line. look for upside now. 10K should trigger more euphoria.Note
Good impulse from that upper line break. Not as big as I thought it would be... Let's see how this is going to turn out now.Trade closed: target reached
trades need to be reviewed now. to watch closely for confirmation levels.
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