2D perspective we have 3 bands (resistances) above us.
Mid @ 9400 Green @ 9480s Top @ 9790s
If we get more upside, this visual shows you how capped we are. If we happen to get above the 2D green band @ any close then our total band structure will shift into bull territory.
I am expecting 95-96s to offer some sort of slap down
Its a 2D timeframe, if it turns bullish, we are going straight for 10500s-11ks.
As of now nothing has changed, scalp longs, swing shorts until i see a pivot up. Bands have been on a down trend since mid may. We have yet to make a higher high.
Will post a normal price action chart shortly.
Conclusion: Macro bearish & expecting 8ks to hit on our next macro dump unless 98s is reclaimed.
Follow me for updates on my setups & indicators :)
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.