... dly below shows where the pot sbr is and where supply has come in after the strong bounce back up from 2884 - the 1st prev 4hr/dly sw lo zone (= prev supp = pot sbr. ) It's the biggest pullback so far in the move down from 3482....I think Bones' words of caution are good advice though - it's all about context. Truth is - none of us know what will happen so we just trade what we see.
That 'main' asc t/line joining 1411 with 2252 will come through on tomorrow's daily candle circa 2860-65...with 2 x downside fibs there - 2867 & 2862. (one shown on dly chart below.)
That 'main' asc t/line joining 1411 with 2252 will come through on tomorrow's daily candle circa 2860-65...with 2 x downside fibs there - 2867 & 2862. (one shown on dly chart below.)
Intraday swing trader @ 30min+ supp/res, & 5min+ sbr/rbs, via 1min+ set-ups