My mate @Bo here on TV gave me a heads up.
I can see the following on the chart:
- very stretched down swing
- coiling = something is cooking in here
- price landed nicely at the A/R line
The white fork is a "potential" projection of price.
If price close out of the L-MLH, then the fork is not valid anymore.
Let's see if there will be something more interesting.
I don't like to jump the gun, there is mostly a re- entry if I miss it.
But we need to stalk it for sure!
Hunt mode ON ;-)
TNX Bo for the heads up.
P!
I can see the following on the chart:
- very stretched down swing
- coiling = something is cooking in here
- price landed nicely at the A/R line
The white fork is a "potential" projection of price.
If price close out of the L-MLH, then the fork is not valid anymore.
Let's see if there will be something more interesting.
I don't like to jump the gun, there is mostly a re- entry if I miss it.
But we need to stalk it for sure!
Hunt mode ON ;-)
TNX Bo for the heads up.
P!
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This looks not really promising and...the trade idea is out the window IMO.
Closing with loss.
Next...
Closing with loss.
Next...