wicked fished the exhuastion candlestick. and made a solid bar closure. - tricks people that it will be a continuation. made a 3 pin pattern. morning star. whatever what you want to call it. but this is what i look for all the time.
price refused to pop higher. with an aggressive wick. my best moves come from fakeouts. example. lets go.
took profit up on the pop. and im looking to tickle this down to the $181 region. pro tip: always be adaptable.
just the tip. all the way down. looks a little too perfect.
this is rocket.
with a daily break, and a bounce off of severe support from below, i think we have shifted our momentum upwards.
we live baby. we live. $205 is the goal. break and retest of countertrend line. break of consolidation with a simple retest of our zone. 61.8% retrace with a shooting star engulfing stick. confluence is everything. our chances of continuing the sell is far less than this right here. lets take our chances.
so id go for sells.
people are obsessed with liquidity. ALL of the big guys have left their positions. Retailers are trying to buy. we have reached weekly resistance. MAJOR by the way. lets trade it.
breakouts are usually fakeouts. watch out. especially with this pair.
to the graveyard.
sitting on my hands until it does.