Ng managed to hold a key 50% at $6.18 and at the same time put in a strong ATR spike on the 2h. Key level combined with ATR spike means pay attention. This has swung my bias neutral leaning bullish but the first step is getting above $6.7's. If we can get above our local range highs I think we target $7.7. Bullish as long as we are above that $6.18 level. Bearish below ultimately targeting 3 and lower.
Ideally we get a wick below $6.47 to start filling longs stop below $6.18.
Ideally we get a wick below $6.47 to start filling longs stop below $6.18.
Comment:
6.6 our current level should also be noted as last months mid.
Comment:
well we gapped below my key support at 6.23 on open on only 521 contracts. Lets see what happens around ny open. above bullish below bearish.
Comment:
kinda still think its a buy the dip situation with stops below 6.06
Comment:
down we go. they made it obvious on the h1
down we go. they made it obvious on the h1
Comment:
keeping my eye on that 6.22 level. above and I think we can temporarily see higher but i think it will be short lived
Comment:
in hindsight it was obvious
in hindsight it was obvious