The market is at the cusp of very volatile activity. Movement can happen in either direction. This idea is drawn up on the daily time-frame and is a plan for the next couple of weeks. Not much to say right now but will be updating the post if bearish movement is confirmed. For now, I am preparing for movement in either direction, waiting for trend confirmation.
Comment:
Use in conjunction with bullish scenario as each of the target zones can act as pivot points. Monthly close is looking bullish AF.
Trade closed: stop reached:
Officially SL was reached but turned out being pivot point - congrats anyone who held we just hit TP 1. Checkout new updated medium timeframe idea for new moves.