If today's long fails, we're in an interesting spot.
$7298 was a pretty perfect bounce off this long term weekly breaker, with a nice move up that has now retraced and found support at a daily breaker(for now).
IF this fails, we've got this local weekly demand bottom at $7629, and the local daily demand from $7424-$7468.
Hard to pick just one spot to lay bids, so as usual, I'll be spreading them over that range, weighted with the largest at the bottom so if they all hit the average entry is lower.
We could just go to the bottom of this daily breaker at $7954 and violently bounce. I dunno, I'll leave a couple bids close by with a pretty tight stop just in case.
$7298 was a pretty perfect bounce off this long term weekly breaker, with a nice move up that has now retraced and found support at a daily breaker(for now).
IF this fails, we've got this local weekly demand bottom at $7629, and the local daily demand from $7424-$7468.
Hard to pick just one spot to lay bids, so as usual, I'll be spreading them over that range, weighted with the largest at the bottom so if they all hit the average entry is lower.
We could just go to the bottom of this daily breaker at $7954 and violently bounce. I dunno, I'll leave a couple bids close by with a pretty tight stop just in case.
