Bullish Neckline, lets make this become true. Test and reject the 8100 range and the trendlien we broke recently. So Im Short-Term Short, Longer Term Long
Im late in this trade but I'll open a short If we confirm a breakout below 1.19238 I will set my Stop-Loss to 1.19368, I will take 50% of my Profit at 1.18917 afterwards I'll set a new Stop-Loss to 1.19025 and final Take-Profit to 1.77777. (Setup some Alerts for double bottom) Good luck traders.
Crazyass count
The markets closed right on the .618 Fiblevel -Daily Indicators looks more bullish for me -Hourly Indicators look more bearish for me (MACD overcross even when its sloppy, and the RSI was rejected at 70) Its like really a coinflip right now, it kinda wants to take a breath from this heavy downtrend but maybe this was it already. I expect that the market will...
Reversal pattern if we break above. Good trading
I dont know why the daily wick is so weird. Can somebody explain this?