Up or Down there's opportunity for bulls and bears. Wouldn't take much to move it either way Y/N ?
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Bearish signals on the day chart as posted earlier.
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ABOVE NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.
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Stoch on 4 hr chart could be interpreted as bullish but caution because day chart bearish etc.
NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH.
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Post about the 4 hour chart is based on the last fractal low.
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Stoch on 4 hr chart could now be interpreted as bearish based on subsequent fractal high.
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Error "Stoch on 4 hr chart could now be interpreted as bearish based on subsequent fractal high" I was studying the 2 hour chart, but looking at 4 hour now to check.
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No change on 4 hour. Next fractal not confirmed yet.
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Market made a lower low then the last fractal low on the 4 hour chart, and pierced a trend line that can't be good for bull's surely. Expect it to touch a Bollinger line next.
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It just did pierce my lower Bollinger line on the 2 hour chart bad for bulls - will it follow through?
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Only $100 separate the two Bollinger Bands could even surprise with a jump the other way
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If low $6,054.2 that touched lower Bollinger on the 2 hour chart is a developing fractal low then when its confirmed it will have completed one of my LHHL Williams Fractal sets which I follow, and that set could be bullish because both the inner and outer Fractals will have closed down, and we will see a divergence with corresponding open and close in the Ultimate Oscillator including Volume Oscillator. If closes above $6,113.8 that could also favour the bulls. Day chart remains bearish.
NOT ADVICE. ALL STANDARD DISCLAIMERS APPLY. DO YOUR OWN RESEARCH