Looks like a squeeze is coming on and that could mean either way, Friday always drops but we cant discount this squeeze. Did not see any new higher highs or higher lows.
Looks like a different type of structure then the last few days, as mentioned similar to Oct 16 to Oct 26.
So keep your eyes open next week, I'm hoping for a break above the trend line and that the 50 and 200 EMA stay apart, cause if they cross we all know what that means.
I'm just saying with this set up id have a stop loss in and / or be watching closely next week.
Just what think could happen,
Good luck Traders
Looks like a different type of structure then the last few days, as mentioned similar to Oct 16 to Oct 26.
So keep your eyes open next week, I'm hoping for a break above the trend line and that the 50 and 200 EMA stay apart, cause if they cross we all know what that means.
I'm just saying with this set up id have a stop loss in and / or be watching closely next week.
Just what think could happen,
Good luck Traders