could go either direction but falling support will be broken or rising resistance will break either way volatility will increase
Note
4721.25 long targetTrade closed manually
faked out bull position closed after 2 minutes not breaking to a highNote
4722.25 next long targetTrade closed: target reached
should rattle long closedNote
if we set a higher low and move toward a break of the highs 5 min we should head toward 4724.5Trade closed: stop reached
should stop out of any longs 5 minuteNote
testing any support above 2720 could be a reentry target for longsTrade active
4721.5 seems like a 1 minute lowNote
long target should be 4722.25Trade closed: target reached
Note
4723.25 next long target if 1 minute low holds and high vreaksTrade active
targeting sell 1 minute highstopping out 5 minute low
Note
provided 4721 holds 4722.75 is the next long targetTrade closed manually
closed .25 shy of targetRelated publications
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Related publications
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.