We've been rejected from September close for the last few times daily. the firs target is to take the nearest daily swing low. 2nd target is the september lows, i think there's much stops to take there.
6000-6100 will be a good reversal point. but we've bounced from that level a few times since feburary. So i won't place any bids now, will watch the reaction on lower timeframes.
6000-6100 will be a good reversal point. but we've bounced from that level a few times since feburary. So i won't place any bids now, will watch the reaction on lower timeframes.
Trade active:
adding up my shorts here. what i've been wrong is ignoring the evolving R and not clossing up some at 6250s. but the dea is active. this is the last day of the week and despite of this strong move, i see unlikely to turn weekly bearish bar to bullish, even if we're close 35$.