nothing to really do this week other than wait and let the market make more movements.
There are 3 scenarios that i can see happening.
1. i would like to see a pull back into 19300 mark before seeing a climb back higher
2. market will look to liquidate early sellers from 22000 top 22500 area before pushing down towards that 19300 area
3. market just blows right up into 24600 area
What i ultimately would like to see is scenario 2 with a slight manipulation above the current highs to get rid of all sellers before pushing back down towards 19300 area
There are 3 scenarios that i can see happening.
1. i would like to see a pull back into 19300 mark before seeing a climb back higher
2. market will look to liquidate early sellers from 22000 top 22500 area before pushing down towards that 19300 area
3. market just blows right up into 24600 area
What i ultimately would like to see is scenario 2 with a slight manipulation above the current highs to get rid of all sellers before pushing back down towards 19300 area
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.