The false breakout means Price is back in the range.
Stock markets also went down a little bit..
Price holding above ~12.4 area would invalidate this back in range theory, So i am looking for entries near 12.1k-12.3k..
We'll see whether we get a re-test of range highs.
Stock markets also went down a little bit..
Price holding above ~12.4 area would invalidate this back in range theory, So i am looking for entries near 12.1k-12.3k..
We'll see whether we get a re-test of range highs.
Order cancelled:
S and P 500 broke previous all time highs. Cancelled for now. But still might trade this idea.
Trade closed: target reached:
Not bad. Move played out. Now we wait. 11k area is crucial, break here would be bad.
Comment:
I only had very small position on this...Since US markets were moving differently i didnt bet too big.
CME charts already tested this level. Not seeing price test in bitmex. So i guess that was the test of 12k area