Engulfing bar on key level (resistance) 83.20.
TP at 82.40 support. And if it takes a daily close below 82.40, it'll open up the next support level at 80.55.
Alternatively, a daily close above 84.00 would re-expose former channel support (new resistance) up near 84.80 to 85.00.
MAIN INFO
- Date: Thu. Feb 11, 2019 4:20pm (PT)
- Trend: Short
- Time frame: Day
- Pattern/Strategy: Wedge breakout and retest
- Bias: Short
- News: No news in the next 48 hs
TREND ANALYSIS:
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- Health (highs and lows tell the whole story): Healthy
- Momentum (distance between subsequent retests): Constant
- Clustering: n/a
- Strength: Good...
MAIN INFO
- Date: Feb 04, 2019 (21:04 PT)
- Trend: Short (reversal)
- Time frame: Day
- Pattern/Strategy: Reversal Head and Shoulder
- Bias: Long
- News: No News
TREND ANALYSIS
- Health (highs and lows tell the whole story): Finished
- Momentum (distance between subsequent retests): Uncertain
- Clustering (if the market begins to cluster or group for an...
