In my last update, I wanted to see higher and gave you the levels I was looking at.
We ended up bouncing off my order block at 23.6k and broke the highs.
Then, if you actually tried to analyse my chart, I also had marked a key level at 25.2k
Well, today we touched that level, almost to the dollar, and got a strong rejection from it.
Now, we could easily continue with that trend that we've been in, grind down for a higher low, break the high, grind down again.
A first sign that this trend is over would be a break of the low at 22.3k
A much stronger sign would be a break of the swing low of July 26th at 20.7k
Levels of support:
23.8-23.9k (now)
23k
Any questions?
Good luck traders
Remember not to break your rules
Habib
We ended up bouncing off my order block at 23.6k and broke the highs.
Then, if you actually tried to analyse my chart, I also had marked a key level at 25.2k
Well, today we touched that level, almost to the dollar, and got a strong rejection from it.
Now, we could easily continue with that trend that we've been in, grind down for a higher low, break the high, grind down again.
A first sign that this trend is over would be a break of the low at 22.3k
A much stronger sign would be a break of the swing low of July 26th at 20.7k
Levels of support:
23.8-23.9k (now)
23k
Any questions?
Good luck traders
Remember not to break your rules
Habib
