Possible correction and Drop

Sorry my last chart on this idea wasn't good so I've drawn this "close up"
I'm looking for confirmation that we have a breakout from the Daily Consolidation
If the current structure develops as indicated we could be looking at a nice lower level correction of the breakout; in which case we can look for a sell.
Still a lot of "ifs" and "buts" to come - that's the nature of trading.

If and when this looks good for a sell I'll let you know
For now keep your powder dry

Cheers
Steve

Yorum:

Well it got there in the end