looking for a snap down if ema rejection pattern holds....
Note
Trade active
TP 1 ≈ 6950
Trade closed: stop reached
lots shorts good r/r... range high ≈ 7770... 7250 - 7420 bear trapped... big move incoming prob not bullish... bias will hold, GL
Note
don't think we're rejecting these ranges for not.... thought .618 turn was capitulation but a few more short squeezes i guess...
Note
if the next move is as big as i think it'd be wise to put more capital into major breakout targets/resistance... most likely up to 7.6 by Jan 2... then sustained downward PA (or what my previous posts have been targeting; disregard 8.8 for now)
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.