Its making inverse H&S follow the green line, the resistance will be around 413.60 , from that point I think it will resume the downtrend.
My guess we may see quick saleoff EOD to 410 or gap down to 410 in the morning.
I will take smaller position with UVXY depending where we stand.
Curently I took quick long position with RIOT, APHA to use the time we have for the bounce (Im on 5min)
IF it brake and stay above 413. 60 the trade is not valid
My guess we may see quick saleoff EOD to 410 or gap down to 410 in the morning.
I will take smaller position with UVXY depending where we stand.
Curently I took quick long position with RIOT, APHA to use the time we have for the bounce (Im on 5min)
IF it brake and stay above 413. 60 the trade is not valid