ES1! The wide range made it difficult for most to determine if we were bullish or bearish. Therefore, I am keeping this trade simple and plan to trade the reversion using the descending channel as my stop loss. Stop - closed outside of the channel. Target - bottom of the channel.
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Ideal targets to downside:
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There is a potential 2B pattern in the making. Next week, I will watch the previous Thursday's low and 4180.
Below's Thursday's low - this may potentially reverse and retest 3800