Hey guys, I’m sorry for not giving any updates this week. I’ve been a little busy and I haven’t really been trading. I’m still long from $66,135 and I already took out most of my profits knowing that it was a scalp long up to the valley every high around 68,500. OK so I have some money still in the trade and most profits are taken off my current trade. I am willing to keep holding this trade up to $70,000 due to the fact we still have a large volume gap still to fill.
If you zoom out the chart on the larger timeframe from 74,000 down to $60,000, You can see that we are building a bull in the large time frame. I am not a big pattern trader but this is crazy to see and could be an explosive move. I don’t know, but the weekly still looks bearish to me.
If you zoom out the chart on the larger timeframe from 74,000 down to $60,000, You can see that we are building a bull in the large time frame. I am not a big pattern trader but this is crazy to see and could be an explosive move. I don’t know, but the weekly still looks bearish to me.