We have european data coming out at 5 am and american at 8:30 that could twist this us so be sure to be watching in the mean while and maybe take some profits if things tart moving against you, i have those 2 as my trade scenarios red is my stop loss and the green is possible targets reaching to edge of the expanding channel. Short is where most profits can be...
I SEE A RED DAY NOTHING CRAZY JUST NEEDS TO HIT SOME SUPPORT AND COLLECT BUYERS. JUST MY OPINION IAM SHORT ATM.
Lets see how far she can go and what inventories look like this week, resistance at 46. May not break thru could fail and tumble aswell.
If it can break and hold above 7.65 iam loking to get long hopefully till 10 bucks plus