keeping this quick
Red pencil line represents a quicker move than anticipated. This is if energy holds strong however I dont believe this line will play out.
cyan line represents a more realistic accum session. this is because I dont believe we will have very long around 430+, therefore the pre accumulation will trade lower than desirable.
Gobble up anything below 400 for this one. Ride er up
T1 436
T2 443
T3 450 OBO
Red pencil line represents a quicker move than anticipated. This is if energy holds strong however I dont believe this line will play out.
cyan line represents a more realistic accum session. this is because I dont believe we will have very long around 430+, therefore the pre accumulation will trade lower than desirable.
Gobble up anything below 400 for this one. Ride er up
T1 436
T2 443
T3 450 OBO
Note
I would move zone of interest up from simply <400, Have some excitement below 409 too but keep it small until were sure. This 12h candle will likely close above prior open. Im looking for them low wicks though
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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.