First possible stop is the MA with possible 'up' channel confluence...
Beyond that we have a possible small support zone in the vicinity of the lower BB...
The larger possible support level is my ultimate short target...
Look for confluence of highly oversold conditions and/or possible ending structures on this and lower TF's at any of these levels to take profit for shorts and switch to long again...
Beyond that we have a possible small support zone in the vicinity of the lower BB...
The larger possible support level is my ultimate short target...
Look for confluence of highly oversold conditions and/or possible ending structures on this and lower TF's at any of these levels to take profit for shorts and switch to long again...
Kommentera:
We got some reaction at the MA but the up move is still weak, we'll see...
