Just trying to keep aware. I'm neither Bull nor Bear. It's only about price action and position that I care. However, as any keen operator would do, if it is profits I seek, I must be aware of the content of the chart, and alert to the form too.
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I left out most of the big picture horizontal support/resist lines. 7.5 down to 6.8k would be a great retrace and consolidation zone. anythign below 6.8 doesn't bode well for an decisive upward push beyond 7.8k resistance.
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still a newb here, so any critique or corrections gladly accepted.
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updated diamond to support my strongly developing bear move bias on this. but i can't post a photo? must not have strongest enough account. anyway, it looks more like a diamond now really.
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my infinitesimal trading brain could not perceive the much more massive diamond top being artfully constructed by marketmakerwhalebulltard. in any event, what is inevitable is near.
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i'd rather be $1000 early to the trade than $1000 late. unless margin....