Well it looks like we are about to break this channel to the downside.its not guaranteed and please wait for the breakout with volume confirmation. I entered a short position at the wick that took us up at 6600 so I'll be watching this closely I'll be closing around 5300 because we will be approaching a golden zone and i want to wait for the reaction there.
Good luck and happy trading guys
Good luck and happy trading guys
Note
Ideally this is what I would like to see as the computer algorithms trade the golden zones back and forth
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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.