If you see the price flirting with one of the curves, it's not what I am looking for. I am more interested in rebounds that might signal the end and the beginning. Of a Wave. No Trading Advice here, but I am still looking forward to see some interesting price action on this drawing.
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Interesting potential bearish engulfing at the curve, but it's not under it, but right on it. Is this just a flirt? Doesn't look ideal for a big short. Candle not closed.
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Unfortunately just another flirt. Wish my love life would look like this. Better than nothing. :)
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I actually traded that bearish engulfing just because I liked it that much. I scalped for a few profits even though it's not my style. There was enough room for managing the position and secure profits or break even as I usually like to ride the powerful waves and try and be prepared in case it slows down and turns back on me.
The bullish engulfing looks interesting but we are still just flirting with this zone.
The bullish engulfing looks interesting but we are still just flirting with this zone.
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Potential
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Don't know if this shape will do the job for another bounce. maybe the next one below it?
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