I believe the price has topped or is near topping. The topside resistance for me is 9909. For me, 8805 is now the main support for today. I believe the price will correct down to in between 9586 and 9492. I may be off by a few digits, so pardon me. I also believe the price will begin its next big move up at or after 8:00 utc time. 9637 is a minor support.
A move above 9909 would initially target 10192.
AS I SAID, 8805 IS THE MAIN S/R FOR TODAY. IT IS KEY. 9909 IS THE MAIN RESISTANCE FOR TODAY.
That's my setup.
At the moment, I am flat and waiting for an opportunity to enter a long trade.
Please note that I am a lower t.f scalp trader. I am not a swing trader, so my time in the market is relatively brief. I am in and out. Enter trade, see profit, take profit and exit. 0 cares given.
How do I come up with my estimates? I must admit that for confluence, in my analysis I use the analysis given by the Tekglow Bot.
NOTE: TODAY IS A VERY BULLISH DAY ACCORDING TO TIME. NOT THE WISEST TIME TO SHORT. REALLY NOT. PATIENCE FOLKS. THERE IS A REASON WHY PEOPLE DON'T MAKE MONEY WHEN THE PRICE IS GOING UP: NO PATIENCE.
Also I believe the price is likely to remain bullish until at least Saturday.
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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.