17 Jan US pre-opening (M30, Intraday,)
Weakening of demand observed, with possibility
of short on test of recent high
Plan:
1) If channel's supply line becomes resistance,
e.g, price close below channel supply line, and
is resisted, look for short.
2) If price close above channel, and price shows
support, look for long.
Weakening of demand observed, with possibility
of short on test of recent high
Plan:
1) If channel's supply line becomes resistance,
e.g, price close below channel supply line, and
is resisted, look for short.
2) If price close above channel, and price shows
support, look for long.
