Return to the channel bottom?

2018年11月30日

So we've broken the triangle down. There's an option to hold here around the 4k mark but my preference is for a drop to around the 3900 level with the big channel showing support though the H&S target is a a bit lower into the 3800s. This also lines up very nicely with the .618 fibb level from this move up from the 3500s.

2018年12月1日

ノート

Boom, so we hit the channel bottom but I have to admit I was hesitant to long here as I thought we would break through. Now looks like we're at a bull/ bear line. Could be a H&S retest of the neckline - which would be confirmed if we slowly move down and can't break up above the downwards line again, or a retest of the bottom channel and then bounce to test the top again around 4550-4600 depending on timings.

2018年12月1日

ノート

2018年12月3日

ノート

Didn't have time to update the moves over the weekend (choppy as hell) but now we've dropped out of the main channel finally and we've been given a direction which may see us retest the lows. We're temporarily finding support in this possible channel. I don't expect it to last long but will see if it does give a decent bounce as we have to consider the possible bullish scenario as well