As things stand
H1 has flipped bearish, while H4 and D1 still bullish in the long run.
H4 bit over extended, that is, price has broken lower/ below the lower band of our buy zone.
H1 sell zone:1529.9 -1533.89
H4 Buy :1530-.55 - 1533.27
D1 Buy Zone: 1517.39 - 1495.03
H1 200 EMA has acted as support following the bearish move from the 1545/5 handle.
The daily buy zone thats creeped up higher is also telling, we have seen how buyers have always come on and acted aggresively when price has gotten to the D1 buy zone, but am thinking the gap up when market opened is the reason its crept up so quickly as such i will be looking at the lower band area of the D1 buy zone to look long.
With that said, numbers printed for today are
Upside
1550.78
1546
1542.1
1533
Downside
1521.32
1514.97
1503.4
1486.1
Happy Trading.
Last day of the week, pick levels wisely....
H1 has flipped bearish, while H4 and D1 still bullish in the long run.
H4 bit over extended, that is, price has broken lower/ below the lower band of our buy zone.
H1 sell zone:1529.9 -1533.89
H4 Buy :1530-.55 - 1533.27
D1 Buy Zone: 1517.39 - 1495.03
H1 200 EMA has acted as support following the bearish move from the 1545/5 handle.
The daily buy zone thats creeped up higher is also telling, we have seen how buyers have always come on and acted aggresively when price has gotten to the D1 buy zone, but am thinking the gap up when market opened is the reason its crept up so quickly as such i will be looking at the lower band area of the D1 buy zone to look long.
With that said, numbers printed for today are
Upside
1550.78
1546
1542.1
1533
Downside
1521.32
1514.97
1503.4
1486.1
Happy Trading.
Last day of the week, pick levels wisely....
4&1 All Time Profit:
$37,496