Packing everything into a 60m chart here and hope it remains clear. Updated channel from yesterday . . . always a little ambiguous as to which H&L to use but this is a "road map" and not a bible. Today's 5 day AvDaRa is approximately 160 points from the current H&L and plotted accordingly. PRICE is taking a breather at the 200SMA as I write (green) and still needs to break the upper channel convincingly to inspire the BULLS. 100SMA (blue) just a little negative on these charts presently on the curve downward but it's the 10/20EMAs to watch out for (black/red).
I have a make or break point down below bang on 112 with the all important 38% FIB and SUPPORT just hanging below . . . these markers are still valid until invalidated.
Out for most of the day today but hope to update later.
NB: My arrow lines are an indication of direction and not specific target/time points.
I have a make or break point down below bang on 112 with the all important 38% FIB and SUPPORT just hanging below . . . these markers are still valid until invalidated.
Out for most of the day today but hope to update later.
NB: My arrow lines are an indication of direction and not specific target/time points.
