All hands on deck! It's going to a fight with the bears to reach the finish line of 147.00 (and beyond I believe).
This has been a psychological and financial banter between the bulls and bears. Also, great ideas and chartists out there, especially with Hope.Bleeker in a committed short. Its hard to go against these things but believing in my charts and...
The Long trek continues magnificently and I am going to take profits at 147.00. This is the Weekly CP. It also confluences with the 4 H 200 ema and the Daily Pivot R2. There will likely be a pullback from there and I will stalk price on its way to 149. Cheers to Long Pips!
Regards, Pivot Panther
I am glad I stayed away from this trade since last week. My "spidey" sense told me that something was out of the norm. What a move that was from Asia. Now, I am counting on my spidey sense to make some pips, Long.
1. Anticipating a Short pullback to 78.6 area of 144.56ish, due to bearish exhaustion based on pin bars of 1 H.
2. Looking to go long at 144.56ish...
Back into play with a long at 146.93. Reasons:
1. Geopolitical with Trump/Kim is positive
2. Price Action (PA) has pushed again from the bottom breaking two swing highs into a pullback. This has created the Higher High, Higher Low scenario. Pullback means: great place to get in, rather than buying at the highs. Using Fibonacci, pullback came > than 50%,...
Closed all of my longs (300+) because my perception is changing. I was believing that the Bulls could take price to 150.00. Price grinded for days to reach 148.00 and now signs are building to a lower push than I had expected (145.25). I have thoughts that price may aim for the Weekly Trendline that hits swing lows in Nov 2017, Feb 2018, and May 2018. Last week's...
Weekly and Monthly Charts support long trend. Latest long retracement is the strongest in weeks. Gives me pause to think that the bulls are re-entering. Price needs a fib retrace before moving up again. If price breaks 143.18, then long speculation is off the table. Looking for my first buy around 143.50ish with S/L at 143.16. TGT is Weekly CP Pivot and 1 H...
