IT'S GOING TO BE AN INTERESTING WEEKEND (white channels = (S/R))
-Yurlo
S/R = Support & Resistance.
I'm looking for a slight retest (either we've seen the dip or we've got more to do), followed by consolidation, then a leg up close to resistance, followed by another slight retest to prior resistance (in which we originally dropped from), & then possibly continuation.
From now on - I'll only be posting 1-2 charts per day max, easier for you guys to grasp my perspective & visuals.
Sometimes when everyone is expecting a big dump (it pumps) - will this happen? - time will tell.
That's it, best of luck and be safe.
S/R = Support & Resistance.
I'm looking for a slight retest (either we've seen the dip or we've got more to do), followed by consolidation, then a leg up close to resistance, followed by another slight retest to prior resistance (in which we originally dropped from), & then possibly continuation.
From now on - I'll only be posting 1-2 charts per day max, easier for you guys to grasp my perspective & visuals.
Sometimes when everyone is expecting a big dump (it pumps) - will this happen? - time will tell.
That's it, best of luck and be safe.
Trade active:
(Possible wick for a slight
retest before continuation)
-if we close this candle green
retest before continuation)
-if we close this candle green
Comment:
The chart above this comment is the 1 hour chart, while the original post is the 4 hour chart.