In my last update, I talked about the 20k support zone being very important.
As you can see, we tested my support zone perfectly before getting the pump that we were expecting, and have now reached our first target.
I would still like to see higher, I am very interested in that pocket above us that I've been talking about for a while now.
If we break that pocket, 23.2-23.6k is our next resistance.
To the downside, I'm only interested in the 19,150 area.
Of course, you shouldn't be looking for longs up here, the 3 bottoms (18.1k, 18.7k and now 20k) were talked about in my ideas.
I believe you should only be looking for shorts here, my preferred scenario is drawn out for you.
Any questions?
Good luck traders
Remember not to break your rules
Habib
As you can see, we tested my support zone perfectly before getting the pump that we were expecting, and have now reached our first target.
I would still like to see higher, I am very interested in that pocket above us that I've been talking about for a while now.
If we break that pocket, 23.2-23.6k is our next resistance.
To the downside, I'm only interested in the 19,150 area.
Of course, you shouldn't be looking for longs up here, the 3 bottoms (18.1k, 18.7k and now 20k) were talked about in my ideas.
I believe you should only be looking for shorts here, my preferred scenario is drawn out for you.
Any questions?
Good luck traders
Remember not to break your rules
Habib
