After reaching the target zone outlined in previous post before the big fall,
It is time to start nibbling for small profits as bottom feeding...this is until there is more evidence of stronger buying.
A simple small ABC correction UPWARDS is in play to test established resistance zone lows which will likely be tested in short- covering rallies...Don't risk too much on these small scalps. These little trades can add up to good profits over a week however.
Trade at own risk - these are only educational ideas that i personally use.
It is time to start nibbling for small profits as bottom feeding...this is until there is more evidence of stronger buying.
A simple small ABC correction UPWARDS is in play to test established resistance zone lows which will likely be tested in short- covering rallies...Don't risk too much on these small scalps. These little trades can add up to good profits over a week however.
Trade at own risk - these are only educational ideas that i personally use.
