target reached and I see volume surge, biggest bar plus too stretched, so a pause here would be.
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almost at my bigger picture target now - the green line.
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still think of a pause and then another leg down, then we'll see if the low was in or not.
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tdo722 wrote:Cobra, please advise when we should go long.
not now. the 1st rebound here shall fail, NORMALLY.
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jarbo456 wrote:would this count as the 2nd leg from yesterday Cobra? it sure looks like it on the 5 minute.
however, the bigger question is, is there going to be another leg down after this one?
there'll be a 3rd leg down. see my other comment.
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