We double bottom'd out from 11/25. We are also in a, what appears a gigantic descending channel Bottom of the channel was 6100, we respectively had a bull and bear shoot out match today with wicks in both directions to sub 6400s and upper 6900s. I feel bad for the short's at high leverage and longs, you all go liquidated.
As for now we were rejected twice at 6900 and as of writing remain in this pendant short term until we bust out to the upside. If we fall below this pendant the measured move will be around 6740 or below.
Happy scalping. Don't use high leverage unless you know what you are doing!
Simple TA- don't go crazy with it.
As for now we were rejected twice at 6900 and as of writing remain in this pendant short term until we bust out to the upside. If we fall below this pendant the measured move will be around 6740 or below.
Happy scalping. Don't use high leverage unless you know what you are doing!
Simple TA- don't go crazy with it.