I'm reloading the longs at a better price we entered the previous time.
It might or might not tag 1327...
The blue down trend line is broken and we regained the multi-month uptrend line (red) too...
It might or might not tag 1327...
The blue down trend line is broken and we regained the multi-month uptrend line (red) too...
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Let’s see that head and shoulders evolving:
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Notice how the RSI wasworking again
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Close to the neckline. If the pattern breaks out I have 1343,5 as target.
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H&S broke out in the night.
I'll be watching 1344 level.
That's the target price of the pattern. Not likely it will stop there.
The test of the previous daily cycle top at 1362 very likely.
I'll be watching 1344 level.
That's the target price of the pattern. Not likely it will stop there.
The test of the previous daily cycle top at 1362 very likely.
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Stop hunt
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There si no follow trough after yesterday's drop. It was the usual FED talk. When dust settles down direction is changing.
I'm anticipating a range in the following days:
I'm anticipating a range in the following days:
