If we can stay above 2840 then this daily inside bar
can likely signal a reversal and we continue back up tomorrow.
A break below will mean further downside for the week.
can likely signal a reversal and we continue back up tomorrow.
A break below will mean further downside for the week.
Kommentera:
ok so same idea now for this new daily candle. we dont want to lose 2660 (which will create a lower low) and we want break above 3213 (thus creating a higher high).
Kommentera:
just looked AT the 4h and that looks like a recovery is in play there. we reversed and made a higher high. so that brings hope that we saw the lowest price of the week today.
Kommentera:
this 4h candle is terrific. atm i would guess we have reversed back to bullish, lets see what sorta steam there is behind it in the morning.
Kommentera:
ok now we're getting somewhere!
Kommentera:
you cant stop this shiit it only goes up!
Kommentera:
need to retake 3000 soon or we are dipping more this coming week.
however when you see lower lows and lower highs that's usually a sign of further selling.