Well now that res at $111 was broken , what's next?
Looking at price action and TIME left on bears side on the 4hrs TF we can say that a retrace to $106k will be ok as long as it doesn't stay in that range for too long while the Daily is setting up for its move that will start Tuesday Oct 21 and taking hold by Thursday Oct 23 that's the plan for a move to the $113k - $115k , once it gets there and most important how it gets there will give us a clue if the move have legs for a test to the $130k.
Buckle up ladies and gentlemen and feel free to lock in profits cause the Daily setup as of now looks week.
Play it right, play it safe , know the rules of the game.
Have a good trading day everyone.
Boost....Follow and Comment.
Looking at price action and TIME left on bears side on the 4hrs TF we can say that a retrace to $106k will be ok as long as it doesn't stay in that range for too long while the Daily is setting up for its move that will start Tuesday Oct 21 and taking hold by Thursday Oct 23 that's the plan for a move to the $113k - $115k , once it gets there and most important how it gets there will give us a clue if the move have legs for a test to the $130k.
Buckle up ladies and gentlemen and feel free to lock in profits cause the Daily setup as of now looks week.
Play it right, play it safe , know the rules of the game.
Have a good trading day everyone.
Boost....Follow and Comment.
Note
**Looks weak.
Trading The Numberfive Way
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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.
Trading The Numberfive Way
Disclaimer
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.