Turned back hard at daily cloud. Breached key RSI level. Ruh-roh.
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edge move postponed till now? if daily rsi breaks 50 we could drop ~27-31% from prior high. historically when price doesn't reach OB first the drops are smaller (6,15,27%). cloud bottoms between 15-19%, volume there too. if we enter no man's land 27-31% is more likely i.imgur.com/9li7WWx.png
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dumb money rekt soon
Trade active
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just noticed this. staring me in the face. a close below 8602 would confirm adam/even double top, with a target of 7780, near the bottom of the 12hr cloud, edging into no-man's land. not sure what happens after that, will have to wait to see how price gets there (if it does).
I was 99% sure it will drop down and it was very close but then the manipulation started... - and now?
Ares_theFox
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@schaffi2, the A&E got wrecked - I keep seeing bullish setups that morph bearish, then they get destroyed by bulls. now I see a wyckoff top for this whole pattern but who knows, lol.