Unfortunately I forgot to publish this yesterday, but here are some areas that I am looking at now, I would like to see some nice volume in those green boxes to get in some longs. Remember on overall we are still in a downtrend, so when taking longs we should be careful.
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That played out as expected. Some areas to try to scalp buy or take profits from short, this is shorter term outlook for me.
Personally am expecting one more move up prior to making deeper correction, for the next move up.
Remember, even tho we made HH's and HL's, we are still in a downtrend.
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This should be the end of this idea, if taken long could be nice profit. Next areas that I will be looking at shorter term:
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So far so good.Next areas that I would pay attention to.
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Next areas for me to look at.Note
Now time to look for short opportunities. Note
We got to the last area, now longs seem more appealing for a bounce.
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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.