Sorry for the current chart noise, I'm practicing my day trading pattern skills and couldn't bring myself to delete them before publishing.
Zoom in for a peek into where my brain has been for the last few days.
More importantly though, we are still in a downtrend. In this current 4HR candle, we are testing the descending trend line from the ATH as resistance. If it confirms, or just keeps playing around rolling down this line, I think my downside targets will be in play this week. I'm looking to go long from that zone if longer-term indicators turn bullish.
Keep an ear on the fundamentals this week- Futures.
Measure twice, cut once.
May all of life's fortunes be yours.
***Thanks to everyone reading my charts, following me and offering encouragement and feedback. I appreciate you.***
Zoom in for a peek into where my brain has been for the last few days.
More importantly though, we are still in a downtrend. In this current 4HR candle, we are testing the descending trend line from the ATH as resistance. If it confirms, or just keeps playing around rolling down this line, I think my downside targets will be in play this week. I'm looking to go long from that zone if longer-term indicators turn bullish.
Keep an ear on the fundamentals this week- Futures.
Measure twice, cut once.
May all of life's fortunes be yours.
***Thanks to everyone reading my charts, following me and offering encouragement and feedback. I appreciate you.***
Comment:
H&S target reached, with a healthy bounce back.