No trading for me the last couple of days, just updating charts, seeing what I missed.
Wkly candle very likely to close as a bullish engulfing, dly could well close as a bullish-bodied hammer, depending on how shaved it's head is, but very probably still bullish.
A H, a 2nd HL, and a HH (@ this week's very likely 2505 hi) now on dly, and what @ today's likely 2374 lo may well turn out to be a 3rd HL on that t/f - depending on Monday's candle, so possibly the starts of an uptrend? 4hr is in a general uptrend, and 1hr is rangy with a current bullish bias.
dly below
...looking closer in, (@ 1hr) 61.8% of the 2505-2373 (today's very likely lo) move recovered by price @ current dly hi - this and Dly R1 in the prev 1hr sw lo zone which starts @ 2453 and looks like has provided sbr 3 times now.
1hr below
Wkly candle very likely to close as a bullish engulfing, dly could well close as a bullish-bodied hammer, depending on how shaved it's head is, but very probably still bullish.
A H, a 2nd HL, and a HH (@ this week's very likely 2505 hi) now on dly, and what @ today's likely 2374 lo may well turn out to be a 3rd HL on that t/f - depending on Monday's candle, so possibly the starts of an uptrend? 4hr is in a general uptrend, and 1hr is rangy with a current bullish bias.
dly below
...looking closer in, (@ 1hr) 61.8% of the 2505-2373 (today's very likely lo) move recovered by price @ current dly hi - this and Dly R1 in the prev 1hr sw lo zone which starts @ 2453 and looks like has provided sbr 3 times now.
1hr below
Trader with an Edge.
5