Nice shout mate, how far down do you think it could go?
Captain_Walker
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Nice. Thanks for sharing. Your post prompted me to evaluate based on my own methodology. I always look higher for possible reversal positions. So this 3D time frame is showing hesitance at the 50% Fib. The 60 min time frame has being going horizontal for quite some time, suggesting uptrend exhaustion. I'd say it is a short for sure with a reasonably tight stop. That's all we can do. The markets are there to prove us wrong. We are here to limit how wrong we are. :)