Don't be scared to post a chart of your thoughts. I just looked at a chart on this thread (no names mentioned) and it gave me the idea to post this one.
Anyway, the clues add up. We are at previous pivot point (blue boxes), We are at the top of a new channel. We are at the 61.8 fibonacci retracement of the last swing. And we are at the 100hma.
Now to look for a change of direction, followed by a pull back (maybe New York) to enter short with stop loss above the channel? Just an idea.
Anyway, the clues add up. We are at previous pivot point (blue boxes), We are at the top of a new channel. We are at the 61.8 fibonacci retracement of the last swing. And we are at the 100hma.
Now to look for a change of direction, followed by a pull back (maybe New York) to enter short with stop loss above the channel? Just an idea.
Gone to a better place