WE have just passed past resistance and we don't really have true volume buying until 6300 - 6400 --- 6ooo is a mental resistance which may be enough -- yet i feel between the shorts and the other power going in the direction we may shoot past the psychological line and get stopped between 6200 and 6400 !
good luck on your trades
Namaste
take profits and use stop loss !
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all lines continue to be respected
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is this possible the start of the true "bump and run " to 6300 ?
it looks textbook --
yet be aware we could retest the bottom of support at 5350 -- and below this invalidates all and we go down to 5 and then 4500 --
bump and run is my play currently ! im in ---
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sell after 6200 is hit -- this will be major resistance
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still respecting all channels -- unless it breaks 5430 down -- we still ok !
took some profit today twice --- will add to trade if it drops but stays above trend -
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target almost hit ---
took profit at 6303
....... small stack still in
Trade closed: target reached
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perfect trade well passing areas of volume !
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this trade worked out perfect -- and started the bull market trend !
more trade info on way ---
we should be dropping to 7200$ from current levels -- b4 returning to uptrend -