LONG SCALP IDEA ($10850 is an area of interest) ~ likely bounce
Good early afternoon friends.
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#1: We've seen a $200+ drop (its likely we bounce before more downside on the minimum)
#2: RSI bottomed out (buy signal) as well as momentum clouds build up which is another buy.
I closed my previous short and decided to take a scalp long up to the $10900's - possible $11000's.
Will set stops in profit as we go up.
Sitting on my hands until $10900 is broken with a confirmed retest of the support system on the 15 minute chart its attempting to breach.
Break $10930 and we should see $11000s again sooner than you think.
Please tap that like button if you appreciate the visuals and explanation provided on this long scalp.
#1: We've seen a $200+ drop (its likely we bounce before more downside on the minimum)
#2: RSI bottomed out (buy signal) as well as momentum clouds build up which is another buy.
I closed my previous short and decided to take a scalp long up to the $10900's - possible $11000's.
Will set stops in profit as we go up.
Sitting on my hands until $10900 is broken with a confirmed retest of the support system on the 15 minute chart its attempting to breach.
Break $10930 and we should see $11000s again sooner than you think.
Trade active:
Hourly visuals ~
The buy back pressure on that dump was impressive by bulls
The buy back pressure on that dump was impressive by bulls
Trade active:
Trade active:
Trade active:
Trade active:
Trade closed manually:
CLOSED SCALP LONG
SCALING INTO A SHORT POSITION
SCALING INTO A SHORT POSITION
Trade active:
Looking for $10950 to hold as resistance ($10930 pre-load)
Looking for $10950 to hold as resistance ($10930 pre-load)