BULLISH:
Healthy Retracement to its support, test (previous resistance from weakly resistance)
1-4H bullish divergence
Elliot wave count, last wave
Diamond pattern indicating reversal. (it was broken EOD yesterday)
BEARISH:
IF we break 394, we break daily support on uptrend, may go straight to 388.
Good luck!
Healthy Retracement to its support, test (previous resistance from weakly resistance)
1-4H bullish divergence
Elliot wave count, last wave
Diamond pattern indicating reversal. (it was broken EOD yesterday)
BEARISH:
IF we break 394, we break daily support on uptrend, may go straight to 388.
Good luck!
Comment:
Entered this morning on continuation, looking good.
I expect retracement, as we are overbought.
400 would be logical level to test, but by the way things look, I am not going to short it just yet.
Watch out its a FOMO mood!
Enjoy the ride :)
I expect retracement, as we are overbought.
400 would be logical level to test, but by the way things look, I am not going to short it just yet.
Watch out its a FOMO mood!
Enjoy the ride :)
Comment:
took position in SQQQ for the retracment.
Ill take it day by day.
For now I am out the 396.66