ATW IS LOOKING VERY INTERESTING DOWN AT LONG TERM SUPPORT, DOWNTREND TRIANGULATING AND DIVERGING FOR A MOVE UP WITH VERY HIGH VOLUME INTEREST COMING INTO THE BOTTOM. 35$ LOOKS A VERY NICE TARGET
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DAILY VIEW
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WATCHING PRICE ACTION HERE USUALLY THAT INVERTED HAMMER CLOSING OUTSIDE MY ACTION ZONE WITH WICK IN RANGE WOULD BE A GOOD SHORT FOR ME SO THIS COULD DIP BUT WE GOT A BULLISH HAMMER NEXT DOING THE OPPOSITE SO I'M THINKING OF ENTERING LONG AROUND 8$ IF WE BREAK THAT RANGE
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PLEASE NOTE I WILL BE WATCHING OIL FOR THIS ONE WHICH COULD BE STABILIZING BETWEEN HERE AND $39
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SORRY I DON'T MEAN TO BE MISLEADING IF ANYBODY IS INTERESTED IN THIS TRADE I WOULD ADVISE TO WAIT FOR A BREAK SOMETIMES I GET CARRIED AWAY WITH MY OWN TACTICS WHICH IS PROBABLY NOT WHATS BEST FOR OTHERS THANKS.
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I AM IN THIS TRADE NOW FROM THAT $8 MARK TARGET $9.50 OIL IS MOVING LOOKS TO BE MAKING TRIANGLES AND COULD SEE US IN THE $50 AREA IF OIL IS CONTAINED BY THE DOWN SLOPING MEDIAN RESISTANCE LINE ON THE CHART I WILL EXIT THIS TRADE FOR NOW
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SORRY MY TARGET IS BETWEEN $9.50 TO AROUND $13
Trade closed manually:
closed up for now after breakout failure
Trade active:
triangle broke buy was triggered
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Watching for long again here
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