Pretty big supply zone right above us now...one that has held since February!
Obviously not a guarantee, but I'm a seller above 52. Having said that, I don't want to see price cross through the Ichi cloud. This means any potential drop has to happen over the weekend or sometimes next week...because after that, we'll be out of the cloud.
Crossing the daily cloud is generally a pretty strong bullish signal which would force me to revise my plan. I'm also not short right now because price hasn't entered my ideal supply zone yet. Of course I'll try to pick a short entry somewhere in the upper part of the supply zone, but lower TF charts will dictate the exact entry. Like a cheetah I'll have to wait until price drops its guard and enters my killzone ;)
I'll be looking at 49.50 and 48.0 as targtes.
Obviously not a guarantee, but I'm a seller above 52. Having said that, I don't want to see price cross through the Ichi cloud. This means any potential drop has to happen over the weekend or sometimes next week...because after that, we'll be out of the cloud.
Crossing the daily cloud is generally a pretty strong bullish signal which would force me to revise my plan. I'm also not short right now because price hasn't entered my ideal supply zone yet. Of course I'll try to pick a short entry somewhere in the upper part of the supply zone, but lower TF charts will dictate the exact entry. Like a cheetah I'll have to wait until price drops its guard and enters my killzone ;)
I'll be looking at 49.50 and 48.0 as targtes.
