*For journaling purposes*
We are wedging currently on the H4. Look like we can potentially break out to our Monthly .618 level before further price action. I think price will move higher than lower based off the following reasons:
- MACD created a HL and is back above the zero
ADX DMI confluence. momentum above 45
there is a gap at the local high
I think if we can get a strong rejection in this area that begin the market crash. Will be sure to post more ideas when we get up near the blue monthly trendline. The red line below price represents imbalances levels should we start dropping.
We are wedging currently on the H4. Look like we can potentially break out to our Monthly .618 level before further price action. I think price will move higher than lower based off the following reasons:
- MACD created a HL and is back above the zero
ADX DMI confluence. momentum above 45
there is a gap at the local high
I think if we can get a strong rejection in this area that begin the market crash. Will be sure to post more ideas when we get up near the blue monthly trendline. The red line below price represents imbalances levels should we start dropping.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。