Long

Middle of cycle

Updated

It looks we are in the middle of cycle. There will be selling opportunity in 3970 levels. But than we will fall lower :( This cycle lokks more dynamic than previous so i expect reaching lowest low before 16 ocrober, in this time frame i expect trend reversal, it will also fit with weekly RSI which will reset than.

Trade active

To get better overview we are in upper down channel of pichfork.

Trade active

Be carefull on another bull trap:

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And we are going to bottom local trend line. This is descending triangle so dobt be fool and do not go long!

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Possible scenario:

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Descending triangle and potential down channel created from this setup. First Major stop on 3550 level.

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That was unexpected. Aparently we are heading to 4170

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Too risky for me to play potential divergency on 4h. Waiting on drop down.

SHORT.

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We are here:

MiloszKaszynski

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