Watch this 1hr candle like a hawk.
If price does close inside the cloud it was a bear trap all along and we could be seeing higher prices first before the fall.
However, IF we break below the cloud on the 1hr, the fall below 8800 is first.
Tricky situation...
If price does close inside the cloud it was a bear trap all along and we could be seeing higher prices first before the fall.
However, IF we break below the cloud on the 1hr, the fall below 8800 is first.
Tricky situation...
Comment:
WOW! Not even a few minutes after I just said that price exploded up!