Bias is for the buys today. Yesterday I predicted the buy back up would come. it did, but around 2PM CST. I said price is going to retrace the bearish dip. The overall trend is an uptrend. While I did not take any sells yesterday due to my stop loss range would be too large to risk since CPI can be crazy to trade. I just sat on my hands. Today is going to be Bullish! just wait for PA for the buys at the zone.
This is V1 - I will send out another chart as an update depending on the Price Action of the market.
This is V1 - I will send out another chart as an update depending on the Price Action of the market.
Note
No Trade as yet! the 1 hour is still trading within the zone. We are waiting for a breakout. The bears are still fighting but the in my opinions the bulls will win.Note
While the buy did not take place because this candle ended up closing bearish! Please look at V2 for today to see the updated trading opportunity
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.
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.