Bounced off resistance, probably down to lower resistance (see chart), then back up, then who knows. Made a nice little profit today.
Volatility increasing again, be wary!
I'm not a pro, I don't use many fancy things... nothing to prove here.
Still possible for retracement / good long positions.
Before you get your undies in a twist and panic sell and take us all down with you ;)
(I'm not a pro, just ideas, I don't day trade, stick to simple indicators.)
Interested in what others are thinking along these lines - getting squashed into a corner here as we slowly bounce between the lines.
I'm not a pro I'm just trying some things out.
I take a longer stance and don't day trade anymore.
Something like 11125 as next peak or it could bounce up over the top line, or drop below - its a decision point, wondering what...
Looks like a buy but the imbalance in sentiment is questionable which makes for a potentially false buy signal on pivot reversal perhaps.
4ema order looks ok and bullish trend looks like there's space to go up as it broke resistance earlier.
Waiting to see if blue line crosses down on 4ema before making an decision to stay or go.