Hey Traders,
As I mentioned in my previous post this level that we are now is very significant. There is plenty of confluences - fibo clusters + weekly resistance + RSI bearish divergence. Although we have got some overshot yesterday now it looks like a possible bearish OB is just about to be printed - still few hours left to close the bar. Moreover look at the yesterdays volume - it is extremely high. Big boys are in the game!
You can either short it once we get that bearish OB confirmation tonight or wait for a pullback to at least 10K- consider long if there is a bullish price action + high volume.
Good luck guys!
TRADE WHAT YOU SEE NOT WHAT YOU THINK!
As I mentioned in my previous post this level that we are now is very significant. There is plenty of confluences - fibo clusters + weekly resistance + RSI bearish divergence. Although we have got some overshot yesterday now it looks like a possible bearish OB is just about to be printed - still few hours left to close the bar. Moreover look at the yesterdays volume - it is extremely high. Big boys are in the game!
You can either short it once we get that bearish OB confirmation tonight or wait for a pullback to at least 10K- consider long if there is a bullish price action + high volume.
Good luck guys!
TRADE WHAT YOU SEE NOT WHAT YOU THINK!
Not
Double top neck retest and short would apply here. My area of interest is 12300-ish Let's see how they play this one out!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.