again with another overbought insurance play tonight with a potential entry on the 1 min 5 min and hopefully if we complete the 15 minute. if it fractals all the way up to the hourly we could have a nice pullback from these levels. 43366 could be a target, 43525 is a mid level target. if we really pull back 43303 is a level that sticks out. i think smart money is getting rid of this at upper bb, not buying.
Comment:
if we continue upward it will be a melt up happening on the 1 minute and probably look something like this:
its much more probable that a pullback happens and dip buys are attracted at lower levels, but its not impossible we just get another leg up
Comment:
444 is the long target if we break to the upside
Comment:
it pays not to lose sight of this regression
Trade closed: stop reached
Trade active:
flipping long
Comment:
target 444
Comment:
this might change things back to the i initial short setup
Comment:
were trading this tightening range and each time we hit upper bb it sells off
Trade closed: target reached:
long target reached