DislikedAlright here is what I think so far keep in mind it can change as we get closer to trading time...
If price takes out 8705 with momentum swing high (green fibb)...I would consider taking a trade long since price would be reversing the last swing in price as well as price would be rejecting the swing low (red fibb) though it would be a riskier trade since I would be taking a brake prior to the intraday long failure...Once in the trade I would begin to fallow price with my swing fibb and would begin to look at momentum at the counter fibb targets and make a decion on either to hold or not...
Attachment
I would also pull my swing fibb back if I do decide to go long to watch key resistance levels against my long here is the pic...
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Now if price comes up a bitt but price holds at the swing (green swing ) and we begin to brake lows I would short the market and once again watch price at intraday low...Keep in mind we have a head and shoulders forming as well...
Have no Bias in the market...just fallow price...
Let me know what you think...
Bo give me your opinion pleaseIgnored
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