price channeling up to supply zone.
SHORT - Targets at demand zone below
LONG - Long at target area. :)
waiting for price to confirm. hopefully there's something on monday. :D
Looking at price action, it might go higher. Probably test supply structure above, go back down, then go up. Updates soon. Just bough at market right now. Then buy the retrace to catch the move up. :D
Looked at the zoomed in chart for details. :D
price just broke out of the channel. just facing a little resistance. WAIT for the retrace. :D
ZOOMED IN CHARTS BELOW.
Scenario 1: Price breaks out of triangle, triangle area acts as support, price retraces then FLIES. :D
Scenario 2: Price retraces to previous demand structure, netflix and chill 'til friday (#NewsComa), then FLIES. :D
618 retracement on the fibs, and the zone looks hot. feedback?
Potential short entry. See attached zoomed in picture.
Will update Monday morning after market open. (GMT +8)