No time for written analysis. Could break up too. Not sure if I expect the rebound to surpass 7600. Simply a decent short play here if you got or can get some bids filled up high with a tight stop above 7575-7600.
Nota
Here is what I am expecting from a zoomed out view.
Nota
Hit the top of my target to a T... .more downside likely.I did not adjust this graph at all.
Nota
That took a whole 30 mins from when i posted to reach my target lol. Still think some downside is likely but picked up a small amount at 7320. Crossing my fingers that I can just hold this long I'm building for awhile and that we did in fact find the bottom at 7040. In hindsight, we've still had a lower low on the down trend and this drop confirms a lower high so be careful longing, we are in a down trend, but as for my longer term portfolio I'm adding some longs here on down. Which I will cut under 6.9k if we get there.Dagangan ditutup: sasaran tercapai
This looks very good and almost to the T what I predicted. Added some more to my longs with bids down into the 7230 range as well. Will cut below 6.9k and move stop into profit as we move up here.Nota
Just FYI - I closed my longs for now. Waiting for a better setup. The last 4hr close, the 6hr close, and this 4hr that's about to close all point down. If anything I'd short here.Nota
*Not short here, short at the next resistance if we get a weak little pumpNota
I see this going back down to 7050 range to set a higher low and begin to fill out a triangle.Nota
If you made money off this leave a comment lolDagangan ditutup: sasaran tercapai
Nuff said. Still looking for a swing low again. Here's my perspective right now. Bearish wedge leading to the 7050-7100 I was talking about for a bounce.Dagangan aktif
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.