Deviation>?

Updated

Reclaim 27400 , deviation and confirmation for long.

A Bearish retest on this SR, confirmation to go short.

Let the PA lead the decision - More than likely find out direction early into weekly open IMO

Trade active

s/r reached, just like to see a hold and/or retest for confirmation , but looking good.

Note

looking like a bearish retest now , volume so low its hard to call.

now testing LTF trend line, if it doesnt hold, looking at circa 26250 for entry signs.

Note

trend line crossed. orders in for $26250 liquidity

Trade active

liquidity hit. now we wait to see if we hold. High volume on this current move leads me to believe in reversion. Wouldnt surprise me to see 28k later in the week.

As always, stops in place for invalidation currently $26100, lose than and we need to be looking for orders in our next liq area - circa 25-25200

Trade closed: stop reached

ran the stop, bounced on the HTF trend line.

another down for the experience.

bit_general

Also on:

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.