A good R2R here. 355 i think sells quickly to rebound if it hits from 300-320. 4hr looks bullish and longer frame i think shows lots of upside potential. Higher lows, in a bull market retrace.
Scribble is just a scribble but where i think things hesitate, retest etc in a bullish scenario.
375 now, stop loss 355 for a longer term i think is a decent approach. for scalping maybe much tighter but with a wick to 400 today, a nice long term possibility as well. 500-900 in mind perhaps sooner rather than later.
Cant moan at oscillators or curve action, broke out of the acute downward and now painting a desc broadening wedge.
Time to fire again , maybe just to retest 400 but think buying here puts you in a reasonably strong position.
Scribble is just a scribble but where i think things hesitate, retest etc in a bullish scenario.
375 now, stop loss 355 for a longer term i think is a decent approach. for scalping maybe much tighter but with a wick to 400 today, a nice long term possibility as well. 500-900 in mind perhaps sooner rather than later.
Cant moan at oscillators or curve action, broke out of the acute downward and now painting a desc broadening wedge.
Time to fire again , maybe just to retest 400 but think buying here puts you in a reasonably strong position.
Comment:
This ones done for me i think. ratio still looks superb. SOLD on good gains from 375. May go back in at 440.