@DaddySawbucks, We will see. My confidence level is low for this trade. I can't decide because the monthly and weekly chart both are indecision. Big money investors are sidelining. I would be bullish but they dumpped hard during the last fed meeting which destroyed the bullish chart. Now they are trying to go bullish to support trump however, ATS robots is not letting the price past the resistance. If we somehow get the price above the resistance, this should rally hard by November. However, since it is under the resistance, I have to trade it bearish or not trade it at all.
@WaveAzzReaderz, Yes confidence was low and I was overextended so I closed early. Can't complain about making bank off a trade but I missed the big move. Seemed bullish on Powell so I risk-offed, dangit.
IMO getting oversold near-panic should get a rally soon; no positions atm. ty for updatez!
@ForexFever, 4 gap ups, hard rejection at the resistance, I think it will resolve (balance the algo) before going up. This is my personal opinion as a purely technical trader, not an advice or command.