IN the Euro Zone ES developed a head and shoulder pattern that broke lower developing a bear channel sell off that hit BO15.
B1 and 2 were open sellers followed by the first pullback in B3, an opportunity to join the bear TL and selling channel.
B8-9 was a short BOT fade that was a bullish counter trend entry. Side ways action followed and seller again pushed the Pa to the SB.
A failed channel break out (FCHBO) hit at B34-35 with a HL long at B38 back to the upper TL and a fade of the SB (also a lower high from 15-15 area). These shorts continued with an EMA established as the resistance and a final end of day channel BO.
No comments:
Post a Comment