Analysis done on the 4H timeframe. Bottom trendline drawn from the weekly/daily TF. Grey zone highlights the old ATH which we've broken, but struggled to stay above. I see price coming down near the trendline (around $14000) before bouncing up hopefully past the previous ATH. There's not as much this week in terms of fundamentals as there was last week, so hopefully indices will be easier to trade. I'll be looking for a place to buy or place orders when the market re-opens.
I've posted ideas on DJ/US30 and gold earlier today so follow me to see them.
Updates for this setup to follow, follow me to see them.
I've posted ideas on DJ/US30 and gold earlier today so follow me to see them.
Updates for this setup to follow, follow me to see them.