Hello guys, small update after the break down. I was expecting a bigger move then that and higher volume.
As long as 192-195 holds, I'm still leaning towards that fake breakout to get $$liquid.$$ before pushing higher.
Oh and I'm not sure, but can this be considered as a weird triple bottom ? The second peak is weak and weird, I don't know, We'll see.
If it decide to dump lower expect 184 & 166 as next key point.
As long as 192-195 holds, I'm still leaning towards that fake breakout to get $$liquid.$$ before pushing higher.
Oh and I'm not sure, but can this be considered as a weird triple bottom ? The second peak is weak and weird, I don't know, We'll see.
If it decide to dump lower expect 184 & 166 as next key point.
Short update, this is looking more and more like a fake breakdown to play with people mind, we still need more confirmation, but things looks good so far.
What I will be looking at on the D1 chart is will the D1 close above last lower trend support (now resistance) and if we get a 2nd rejection from that pivot point around 202.15.
Oh and most importantly, HIGHER VOLUMEEEEEEE, we need to break that blue pivot point to hit more SL & $$liquid.$$. Orderbook don't lie :) .