Nice weekly reversal close last week led to a strong bounce today. I'm looking at longing any retest of the weekly open as we had a nice impulse move away from that level. My stop will be under last week's low and I'm targeting weekly resistance above(red). You can see this daily resistance (pink) has been tested twice before and a third test probably won't hold....
Welcome! I've been learning/praciting technical analysis for awhile now and have recently learned a lot about price action. I plan to publish my thoughts at least once a week. My goal is to practice, improve, learn and hopefully share some knowledge with the community. Please feel free to challenge and question me (respectfully). This is also not financial advice...
Welcome! I've been learning/praciting technical analysis for awhile now and have recently learned a lot about price action. I plan to publish my thoughts at least once a week. My goal is to practice, improve, learn and hopefully share some knowledge with the community. Please feel free to challenge and question me (respectfully). This is also not financial advice...
