Interesting range. Either direction is possible with ideas for both sides in place.
If I had to bet, Im more incline to say this will drop to the downside (based on daily structure breaks etc)
If I had to bet, Im more incline to say this will drop to the downside (based on daily structure breaks etc)
Comment:
Looking for shorts now
Comment:
Was no valid entries so far, original idea is still valid.
If this big move is eaten up by bears, we could see the downside target achieved.
The strength of the buyers earlier is a is a concern tho. This could turn into a valid Head and shoulders pattern at this point.
Watching price for ideas
If this big move is eaten up by bears, we could see the downside target achieved.
The strength of the buyers earlier is a is a concern tho. This could turn into a valid Head and shoulders pattern at this point.
Watching price for ideas