OK, good H2 bull, congratulations. Now what? Double Top pullback?
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I won't see that's bearish on 5 min chart. Or you mean that rising wedge?
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Trendline support. I won't hope too much here though.
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Too bad, now let's see if the morning low could hold.
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Incoming. I think the morning low will be broken, the question is how? Decisively or just a stop run?
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rbharol wrote:What happened to BTFD buyers today? Or will they show up half an hour before the close?
I doubt that, this is the 5th time.
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OK, measured move, if this is A=C kind of pullback the target is at dashed blue line and the red MA. If this is C = A*61.8% then it's right on the target.
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Weak rebound or consolidation would mean a breakdown of the morning low. Let's wait and see. Just don't hope that the last hour buy'd come in, as this is the 5th time and I happens to know the 3rd time is the charm.
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slcgh wrote:hi. COBRA. This page the time looks isn`t right. Would you check it?
Later. I don't know all the settings yet.
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