Cobra's Market View

Cobra wrote:

black wrote:

Cobra wrote:here we go, the breakout, I think there's more because the push up is strong.

buy H1, breakout pullback

I think it's a failed H1 but the signal bar wasn't good enough. Now multiple support plus potential H2, let's see how's this time.

agree, i'll buy H2 as well, near ema

Cobra wrote:here we go, the breakout, I think there's more because the push up is strong.

buy H1, breakout pullback

1. double bottom pullback, long higher high
2. overshoot, out long

hands off for a while

today could be tricky because of japan, be very cautious, and trade less.

Cobra wrote:

maldini wrote:measured move and double bottom target 1316.25?

But don't hope too much.

i was thinking about the same thing, but it looks too good, may not be true then.

ES opened on 60min 20ema, and bounced since

i just don't short big gap up, but it doesn't mean i won't short later today[/quote]

If I read correctly, this pretty much should be long here. Isn't this double bottom reversal or what you Martian calls?[/quote]
i longed H2

q2model wrote:

black wrote:i don't think this is top, at least i definitely will not short here.

What is your reason?

i just don't short big gap up, but it doesn't mean i won't short later today

5 min chart, 1st bar is strong, 2nd not good follow up, 3rd one is important, let's see

i don't think this is top, at least i definitely will not short here.

currency, gold, jump up & down, today will be a fun day.