Supply flipped demand? 200D EMA, falling wedge + bull div
Trade active:
breakout retest of wedge
breakout and successful retest of 4H 55 EMA
breakout and successful retest of 4H 55 EMA
Trade closed manually:
Close enough to target, >3 R
Not confident in the market, crude reversed all gains after opec deal overnight
Not confident in the market, crude reversed all gains after opec deal overnight
Comment:
Well it definitely would've gone to target and then some, but looks like a double top here. Expecting the tech names that outperformed the past few weeks to give it all up.
US indices coming into major resistance soon, want to get out of this sooner than later