DFT Monthly mapping - From Miocene to Permian
Observation:
- Beautiful Black Swan: Thx Opep
- Break of the primary monthly medium term investors ascending trend - Yeah the monthly one :/
- Break of the secondary monthly long term investors ascending trend with no respect for the demand cloud.
- No demand/supply area clearly identified.
- Price hold by virtual selffullfilling supports/Resistances.
From the green area: Entry zone with tight SL just below would be a good idea. If the price go below, next resistance is identified but please don't panic as it's a monthly closure which is expected here (And of course don't trade the gap between both supports).
Permian was a major extinction (95%), hope we won't stay there too long ;).
Gl
- Beautiful Black Swan: Thx Opep
- Break of the primary monthly medium term investors ascending trend - Yeah the monthly one :/
- Break of the secondary monthly long term investors ascending trend with no respect for the demand cloud.
- No demand/supply area clearly identified.
- Price hold by virtual selffullfilling supports/Resistances.
From the green area: Entry zone with tight SL just below would be a good idea. If the price go below, next resistance is identified but please don't panic as it's a monthly closure which is expected here (And of course don't trade the gap between both supports).
Permian was a major extinction (95%), hope we won't stay there too long ;).
Gl
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