Bears couldn't hold it and extended this, and unless we get some dumb news then we should rebound. Still we are making a new base so hard to tell the rebound can be significant. Setting this to long just to see what thing happens with algos haha.
Ok team I don't know what is going on, but just technically, this move today broke into past base, we can still hold and whipsaw here but getting into a broken out range isn't good news.
well seems obvious this is moving higher. And maybe time to put in some of that mcd money here hahaha Setting this as a long and see what tv algos does haha. A retest after a break out is always expected so manage risk appropriately.
I though bear were gonna be able to hold this nicely, but by eod doing big sells and extending this once again. I feel like saying we can now rebound but massive moves up and down just make a very volatile base, like that past top from November. Still this is still Flat to bullish, and move up can still be in sight if prices don't get massive.
This flat to bearish day was expected, yesterday's move got extended meaning bulls are getting exited (I wont lie, I did go long too and find out about the over extension when i was already in haha). One thing I can really see happening, a retrace to test the lower base. Still, we can just lag here and break out from here. In short, retrace back to previous base,...
The good news is that we are finally out of the range, but the bad is that we are at a support ... not much to do but to trade what the market give intraday.
First red day, and should continue with drop, but might have gotten extended. Even a break lower of support there is all that buying from Monday.
this was bear time, couldn't hold the move, and ended up as a trap. Bear attempt and trap to retrace back into range, bullish and expecting a bull break out. Ill just set up this as a neutral idea so TV algos doesnt retrace the move haha
well support seems to be holding still this doesnt seem to be able to hold. I'm going to set up this as a short just to see if TV algos bounces this back up hahaha
Now we are at support of range and move got extended. This looks good for a possible reversal, yet bearish momentum is strong. we will see.
Move today puts us back into range with bearish momentum, tomorrow at least this should continue.
Lets try this again, if we go red tomorrow blame it on TV algos. I like this rebound inside this area. We might be looking to a break out, and as always a retest once out of range
this close today, could not hold, although month and week hasnt finished yet bull move seems unable to continue above resistance, and back to -6% support.
just as there are long extensions, there are short extensions and this is one. lets see how this plays tomorrow.
system is about to trigger a short signal. Im currently out since i was waiting for a rebound, but it seems the actual entry will be short. Waiting for some type of break out bearish.
(edited the title, I don't want to create panic on a funny conspiracy d idea) tell me there isn't a tv counter trading algos haha .. well this even it is a more clean bearish move than that of past 2 weeks(I would had loved this move 2 weeks ago), but this is still getting retraced, and we are pretty much in a range, good volatility and money can be made but we...