I missed today’s sell-off by 60 ticks, but price respected Monthly Open support and retraced back near intraday highs. That reaction reinforces my bias: I’m still anticipating the dump that will likely happen tomorrow.
Ideally, price completes the Double Top within the prior NWOG zone, then falls slightly before or exactly at NY Open for a clean downhill ride.
My entry will be at 23,685.00
Target will be around the low 23,300.00s
I feel like we can definitely fall further than my target, so I will have trailing Stop in place once price reaches my target.
Lets see how this goes⚡
Ideally, price completes the Double Top within the prior NWOG zone, then falls slightly before or exactly at NY Open for a clean downhill ride.
My entry will be at 23,685.00
Target will be around the low 23,300.00s
I feel like we can definitely fall further than my target, so I will have trailing Stop in place once price reaches my target.
Lets see how this goes⚡
Trade active
Trade closed: stop reached
Got blasted to the heavens
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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.