Just pure logic, no complicated analysis.
After today's strong rally bulls could continue trying to break the key level shown on chart.
IF this level is broken they can gain confidence and start another rally tomorrow.
Just in case i will pull buy stop orders ABOVE the level shown on chart.
We could have one more leg down for sure. In that case nothing happened, i will follow my long term plan.
Regards
After today's strong rally bulls could continue trying to break the key level shown on chart.
IF this level is broken they can gain confidence and start another rally tomorrow.
Just in case i will pull buy stop orders ABOVE the level shown on chart.
We could have one more leg down for sure. In that case nothing happened, i will follow my long term plan.
Regards