Looking for a bounce from channel bottom to retest 56/7k in wich will be a very important lvl to break for bullish continuation in the short term trend , a loss of this channel would most likely bring us down to the 47-42k range for a full Fib retrace, note we have held the 618 fib with genisis confluence , nice r.r with a short hedge on a loss of stop and channel break down.
Ladder range 52,170-51k/50,400 stop below low wick with a bit of wiggle room micro %,.
Targets 56k, with 57k plus on break of resistance.
Ladder range 52,170-51k/50,400 stop below low wick with a bit of wiggle room micro %,.
Targets 56k, with 57k plus on break of resistance.
Trade active:
KC Top Confluence.
Comment:
may loosen stop to 49700/350 depending on price movement incase of any sneaky stop hunt wicks , after entry average risk looks good for this one with a short hedge pending (A break down of channel with 4h close).
Comment:
Comment:
TRADE UPDATE
