Prepare to short this market!

I am not to sure about this channel, but still we can see a nice repetitive pattern, as the price bounces between top and bottom.

BUT as we are in an uptrend (daily chart) I will watch this one for now, or wait for a strong bearish candle before I enter it. For now, this is only educational for me.

We could see a breakout on the same time, since the price has quite a bit of a sideway move for a couple days now.

Only trade this one if your opinion is strong about it! And if so, let me know why =)

Good trades for this week!

Note

Well... No big moves today. Looks like the price is just moving sideways...

Note

no good signals for now. Keep waiting...

Note

strong signals coming in. After the next candle I will make my decision. If its a good short signal, I am in (If the volume is there!).

Note

So we had a little swing downwards, but it looks like the bulls want to break that resistance. Keep an eye on this one, as I think it is about to breakout! My entry trigger is a daily candle, closing above the resistance.

Note

I am still waiting for the breakout.

Evan_Moe_Money

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Evan_Moe_Money

Free Trading Education:
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