Past 245 resistance now, there good volume for a weekend. Almost at 23 fib on 1hr Past 23 fib on 4hr I expect we will drop back under though when we wick it on the 1hr
If we do I will short scalp but watching 245 to see if we have support, if we do I will add long 242-238
currently sitting above blue trend line of ascending wedge
if support doesn't hold I will be watching 238-239, with orders as low as 224 to catch any wicks from below the wedge but as I type this it is pushing over the 1hr 23fib, 5 mins left
paulflint
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Bounced off the 23 fib on the 1hr as expected.
Dropped down to the 23 fib on 4 hr at 249. Got 3hrs left might not get entry lower if it holds
if support doesn't hold I will be watching 238-239, with orders as low as 224 to catch any wicks from below the wedge but as I type this it is pushing over the 1hr 23fib, 5 mins left