The chart is pretty self explanatory. I'm looking for a rollover that will lead into stronger selling, driving the price down only to be picked back up for a green 7 of 9 candle.
It may not wick up in the same month, it may close and open the next candle at the bottom and then go up, either way, I'll be looking for a bottom down there somewhere.
I'm looking for the to come down a little and bounce off the moving average (will be confluent with what's going on in the price action).
I'm looking for early Sept to be a possible entry.
If you would like me to explain further in a video. Just subscribe to my youtube channel "Kick Back Time" (just go to youtube and do a search for those exact words, should come up)
Right now I have no subscribers, however...
...if I start to get subscribers, this will tell me people are interested in learning more and I will start making screen sharing videos on a regular basis that go into further detail and down into the smaller time frames.
Liking this idea is also encouraging...
Kick Back Time