Price is now officially trading within the $44k range, but is it enough for us to consider setting up a BUY order !!??
Answer: "Not until we have a full candle stick in the blue zone indicated, we'll stick to our initial SHORT order."
This means that we'll see how it plays out today. No changing our last SHORT until we get the fact that price has gained momentum to rally to the upside. I set up these coloured boxes to give me a clear picture of the price action (so that all my doubts are clarified).
Lemme know what you think about my updated analysis in relation to the previous chart analysis done yesterday.
Thanks.
_Labiano50
___________________________________________
The more I do this analysis, the more the bigger picture becomes clearer. We learn everyday for educational purposes
Answer: "Not until we have a full candle stick in the blue zone indicated, we'll stick to our initial SHORT order."
This means that we'll see how it plays out today. No changing our last SHORT until we get the fact that price has gained momentum to rally to the upside. I set up these coloured boxes to give me a clear picture of the price action (so that all my doubts are clarified).
Lemme know what you think about my updated analysis in relation to the previous chart analysis done yesterday.
Thanks.
_Labiano50
___________________________________________
The more I do this analysis, the more the bigger picture becomes clearer. We learn everyday for educational purposes
