Nearing the top, reasons are as follows:
1, SuperStoch has been very accurate for the past few months and is currently saying we are up for at least a dip
2, Near .618 of the move down
3, Multiyear trendline acting as resistance
4, Near daily block
Could potentially see a pump into the golden box before rejecting and moving downside for B wave.
1, SuperStoch has been very accurate for the past few months and is currently saying we are up for at least a dip
2, Near .618 of the move down
3, Multiyear trendline acting as resistance
4, Near daily block
Could potentially see a pump into the golden box before rejecting and moving downside for B wave.
Trade closed: stop reached:
We got the expected pump, but stronger than we were thinking. In times like these, always make sure to use SL and enter only on confirmations! Well, onto the next one.