looking for confirmation on a 3rd higher low of 3 in the XPTUSD bull run. Stop out level is higher than the first highest high as well as near R1 stop for monthly level. 1000 area has proven to be strong resistance. I would suggest a averaging in price of 995, ranging maybe from 990 to 1000 area for asks. I think the white triangle should play out to allow the 50 and 200 ema to get very close or maybe cross for a fakeout before at least more ranging if not a larger drop down.
Thank you for your input and view on PL. I have been playing with PL as it if trending well. I am looking for a turning point on or near 4/20 and a potential rally thru the first week of May with a target of 1015 and a possible T2/extension to 1023. This is only valid if 961 is not broken and 976 then holds support. It's always good to have another perspective.
598XT045
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Hey, good call, looks like you were spot on. I didn't even have time to see this move till it was over.
PP-Guy
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You betcha, however it caught more legs than I expected with the PM group before the DX rallied and snuffed the lot....haha. Some bank is better than no bank. Keep bouncing those PL ideas off of each other if you would kind Sir!