Please NOTE that the white trend lines are based on the high/low WICKS .
I initially published this chart so I can check back up on it later but I figured id make it public so you guys can see how it plays out and give feedback as well. The trend lines are extremely basic and are based upon strong market tops/bottoms.
Happy trading!
Comment
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Hmmm... that happened quick.The green box is levels I think we will be trading in the near future.
Trade closed: target reached
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Okay, so I was wrong about trading in the green highlighted box are. I am also noticing that we are topping off here. Checking on the ADX indicator and the DI- is officialy now above the DI+ on the daily which is a bearish sign. I think it is time to take profits and possibly short now until ADX indicator shows bull again.