DE30 Jun 13 H4 trade idea and opportunity
Now is Tokyo session, not much will happen until after Tokyo sushi hour is over.
The opportunity is possible breakout of the CONSOLIDATION seen with the H4 Master Candle MC ( it is big candle and small candles Post#647). We are in consolidation Post#647.
The threat is previous price action PPA resistance just above current PA.
right now 5EMA is flat, if that show 12-2 and 4-6 clock angle, that would be a bonus.
MC breakouts do fail as we seen a few in its history, therefore I have a Plan A and a Plan B. If Plan A fails, I activate my Plan B.
Question is : Do we have enough bars/candles from now till NY closing on Friday 5PM for a swing of 3 to 8 candles?
Now is Tokyo session, not much will happen until after Tokyo sushi hour is over.
The opportunity is possible breakout of the CONSOLIDATION seen with the H4 Master Candle MC ( it is big candle and small candles Post#647). We are in consolidation Post#647.
The threat is previous price action PPA resistance just above current PA.
right now 5EMA is flat, if that show 12-2 and 4-6 clock angle, that would be a bonus.
MC breakouts do fail as we seen a few in its history, therefore I have a Plan A and a Plan B. If Plan A fails, I activate my Plan B.
Question is : Do we have enough bars/candles from now till NY closing on Friday 5PM for a swing of 3 to 8 candles?
Honesty is a very expensive gift. You wont find it in cheap people.WBuffett
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