Well now that res at $111 was broken , what's next?
Looking at price action and TIME left on bears side on the 4hrs TF we can say that a retrace to $106k will be ok as long as it doesn't stay in that range for too long while the Daily is setting up for its move that will start Tuesday Oct 21 and taking hold by Thursday Oct 23 that's the plan for a move to the $113k - $115k , once it gets there and most important how it gets there will give us a clue if the move have legs for a test to the $130k.
Buckle up ladies and gentlemen and feel free to lock in profits cause the Daily setup as of now looks week.
Play it right, play it safe , know the rules of the game.
Have a good trading day everyone.
Boost....Follow and Comment.
Looking at price action and TIME left on bears side on the 4hrs TF we can say that a retrace to $106k will be ok as long as it doesn't stay in that range for too long while the Daily is setting up for its move that will start Tuesday Oct 21 and taking hold by Thursday Oct 23 that's the plan for a move to the $113k - $115k , once it gets there and most important how it gets there will give us a clue if the move have legs for a test to the $130k.
Buckle up ladies and gentlemen and feel free to lock in profits cause the Daily setup as of now looks week.
Play it right, play it safe , know the rules of the game.
Have a good trading day everyone.
Boost....Follow and Comment.
Nota
**Looks weak.Nota
A follow up note:After testing and breaking the $111k line now we should expect another bounce where the Daily Bullish TIME Cycle will join bulls party. How high it will go this TIME? that nobody knows, but what I expect price to do is test and break $113k again and possibly a test to the $115k line.
We'll see how the move evolves by end of week.
Place your bets ladies and gentlemen don't be left out this time and buckle up for next wild....wild ride.
Boost.....Follow and comment.
Have a nice trading day everyone. Don't be shy on booking profits when gets to $113k and above again.
Trading The Numberfive Way
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Trading The Numberfive Way
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.