UJ at trendline with ugly gap below
Refer to chart
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I made some circles around some part of candles. To me the part of the candles look totally pointless.. Why even bother to "jump" temporarily above when they will be rejected anyways?
Price should start to learn to behave properly :)
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I like the look at daily so far. But... Maybe we have to wait a bit for big move down. I think someone once said something stupid like.. "Topping takes time". Dont know why it should take time, but that is apparently the rules.
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I look for this potential scenario at Non-Forkers Payroll
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Unrealistic with that indicated drop size, but the point being that it is probably going to create a fake break-out
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Pointlessness normally come in pairs
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Ok, it managed to make a small meaningless piece. Maybe Yellen can complete the masterpiece?
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Another meaningless trip identified, going for a small sell here :)
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First time it managed to get above, and looks like a daily close above is going to happen. Closing shorts. It must be very important destiny price is going, and it better be the moon since it broke up :)
Trade closed manually
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It might reverse on this resistance, but better now to wait for market to confirm reversal than to "buck the trend".
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Im sometimes impressed by price's ability to hit certain areas with such precision:
