UCAD Week of Nov 2nd (Election - 2 months prior Bullish Candles)
Week of Nov 2nd (Election - 2 months prior Bullish Candles)
M - Buy - Out of support
W - Buy (Very Bullish Prior week - at the time of making this the candle is very bearish, election week can change this in no time)
D - Currently very bearish and in a support looking to see if it will bounce out of the support
4hr - Currently a BUY greenlight because of the very Bullish previous 4 hr candle. Place stops below wick.
Confluence:
1. Currently in a support
2. Currently at a Fib level (.786)
3. Currently at a trendline
M - Buy - Out of support
W - Buy (Very Bullish Prior week - at the time of making this the candle is very bearish, election week can change this in no time)
D - Currently very bearish and in a support looking to see if it will bounce out of the support
4hr - Currently a BUY greenlight because of the very Bullish previous 4 hr candle. Place stops below wick.
Confluence:
1. Currently in a support
2. Currently at a Fib level (.786)
3. Currently at a trendline