It is in a sell trend from daily showing that we've touched our big timeframe, but i have a feeling like something is about to happen... mighht sell hard after that price action i drew in this idea works, could go both ways as i have indicated with an upward facing arrow, but were at a strong resistance and an inverted head and shoulder. STRUCTURES are important too... but as you all know the market is unpredictable, use proper risk management, but im saying this is a sell marrn noo lol.. wait. im taking a break from trading... im just sharing this because i think id help somebody but you guys nevr leave comments :(
@jjalaska5, there is space up until 12000,we may even see a level 1100, im not sure...ill cover buying opportunities tomorrow just before 16;30 south african times...The reason why im saying this is because we had a big breakout on 4hourly timeframe just today mind you! we're in a descending channel from daily to hourly, yeah short buys may appear... maybe soon because theres a levelright where the prices are sitting you can wait and see if it drops a bit and buy, if you have nough cash then risk it (13941) theres a level here, risk a but and tp at the lowest lowe or lower low... my advice is wait for price action... a break below 13716 means we gonna drop lower... i apologise for this big reply... i promise ill do a tutorial tomorrow before 16;30(sa times) text me on whatsapp at 0822942799 just text me "Undergroundjunior999) ill know... thats an access code bruvh lol... peace and love, i hope i answered some of your questions clearly