This one had one hell of a good drive.
The trend is your friend until it whacks you in the back of the head with a sledgehammer, takes your kids, cars, dog and wife.
A great friend as long as it trends.
I have zero crystal ball but I would be a bit surprised to see another 154 pips or so straight drive up to my upper resistance... though it is possible.
I think we could also see a pullback retesting the last resistance it crossed easily... though the screenshot I am adding below on the 4 hours DOES show a retest on that same line.
I am now expecting the same but on the daily.
This would be something I would be looking for in order to see a final push into the upper resistance.
The trend is your friend until it whacks you in the back of the head with a sledgehammer, takes your kids, cars, dog and wife.
A great friend as long as it trends.
I have zero crystal ball but I would be a bit surprised to see another 154 pips or so straight drive up to my upper resistance... though it is possible.
I think we could also see a pullback retesting the last resistance it crossed easily... though the screenshot I am adding below on the 4 hours DOES show a retest on that same line.
I am now expecting the same but on the daily.
This would be something I would be looking for in order to see a final push into the upper resistance.
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