Hi traders . Firs of all I have to mentioned i'm not bearish in any way . I believe we are in accumulation area like I mentioned before in my charts . Demand its still showing up with supply getting weaker . If we will see more of supply showing up my zones are on the chart . We did switch on pivot and DI- its above . Previously that accrued we pulled around 8% and you have that on chart . ( IMPORTANT I never tested ADX this way but after measuring we did matched with high notes areas. I know you dont see updates but I will post my next chart to see how it will play out . I have experience with ADX and it is my favorite indicator that I follow for years and . ) We also have pivot to watch . Keep in mind its weekend . Im not trading this range guys this chop shop can get hurt faster than you think IMO.. plus its weekend so get out there and let this play out on its own .
Trade active:
ADX update . You can see post on there . That bounce its even higher that I expected .. we need to come to EQ with D- if we take over trend is conformed . We would have to see some major selling happening for us not to ..
Trade closed: target reached:
We reached the target we selected . Updates in New posts .