There was a nice push down on the shorter resistance line.
I am no prophet but I think price might pop a bit higher.
I am putting my entries about 10 pips below my real areas.
I missed several short trades this week on my other set-ups but those were great reactions for day traders like 30 to 48 pips on the short side but they reversed shortly after.
The good news is that I skipped all of those as trade the daily.
My best guest is that price will go higher and I will take a few shots above. I am not showing my weekly but there are a few weekly bumpers in those areas as well. Don't work all them time.... but they often work.
That being said, I will include an 8 hour chart below as well to give you a different visual.
You trade the way you want but I put my entry price to give you a better idea.
I am no prophet but I think price might pop a bit higher.
I am putting my entries about 10 pips below my real areas.
I missed several short trades this week on my other set-ups but those were great reactions for day traders like 30 to 48 pips on the short side but they reversed shortly after.
The good news is that I skipped all of those as trade the daily.
My best guest is that price will go higher and I will take a few shots above. I am not showing my weekly but there are a few weekly bumpers in those areas as well. Don't work all them time.... but they often work.
That being said, I will include an 8 hour chart below as well to give you a different visual.
You trade the way you want but I put my entry price to give you a better idea.
Note
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.