We have a lot of shorts opening right here (at the lows) which gives us a sign that the downtrend could be coming to an end.
We are now at the high of a channel that we were previously looking at and that was respected very well.
So lots of shorts at support = likely bounce.
Doesn't mean we will bounce for sure, but it is something to be aware of, the fib golden pocket at 46.1 - 46.5k is a still a possible target.
I personally opened a small long here, I would like to see a reclaim of VWAP and dOpen on the LTF as well.
Of course, I will update you as always when needed
Any questions?
Good luck traders
Remember not to break your rules
Habib
We are now at the high of a channel that we were previously looking at and that was respected very well.
So lots of shorts at support = likely bounce.
Doesn't mean we will bounce for sure, but it is something to be aware of, the fib golden pocket at 46.1 - 46.5k is a still a possible target.
I personally opened a small long here, I would like to see a reclaim of VWAP and dOpen on the LTF as well.
Of course, I will update you as always when needed
Any questions?
Good luck traders
Remember not to break your rules
Habib
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.