So here we go full up from yesterday.
Here is where we took the train or should the train pull back.
It was a place to exit back and look at this price that's at the top of the channel.
So this was a place of support.
And after you saw the formation of these green candle candle is a dummy pattern and was Decadron by
Signum followed by a positive opening up.
So this came as the brick broke out here.
Seem to break out of that ice we see not a lot of volume but most was decent enough to give enough momentum
to make another run.
So this was one other point.
We're back in a little rain from 11:45 43 to 11.
Twenty eight thirty six.
So it's almost another one of the points of after several like these and pull back the second one should
be on the same dimension.
And then we see it doubled up here in here in precisely place pull back up the it is level that is clearly
not use resistance to microform either.
So this is a strong resistance and what the president wasn't able to break about it pullback.
And usually when you have these double talk go short is the place to sell the currency and the coin
came down to the 50 the blue line and then tasted the top.
All the French I know failed.
And what he did came down came up testing.
This is in Beckwith's consolidated around these other area of resistance resistance and support.
See him looking in and the laws right here those laws were so poor.
And then here they became a resistance people up.
It was able to break through for a brief moment and then it just fell to a halt and then came to the
next report and then fell.
And what do you do to look at volume increasing in the red bars.
This is done by the Celts and central bank people are panicking.
And feel the scandal they hammer.
Yes it is.
Hammer Can we talk about this end followed by abolishing Golffing big beautiful green candle that embrace
the sun so you are panicking.
People say a lot about them.
Nine fifty.
Pull back you don't have to buy 950 you can buy After see the formation of a hammer Geary's permission
of a hammer followed by the green candle.
This is a bullish signal right here.
You see Prax open over here moving up.
So once the price reaches you I'm looking at the high of the day about the high content to the numbers
again because this is superb Branscum all the way down to the next support and she's here.
And the energy of the balls were there because he came from 950 all the way up to 10:30 and continue
higher priced moved about the Adeyemi.
It's always a good indication Richard is any resistance broke about it reached the channel move inside
the chain or flirted with the bottom of the channel a little bit if you Times and now it continues on
the wire so well this price will go.
But right now it's inside the channel so you can do the same thing we did before.
Buyers who bought sell air resistance now prices appear in resistance and testing the support right
here so these could be moving.
If this area holds these strong support to work here.
We could be working here to pull back monium.
So let's see volume is the ascent.
This could be a place to enter.
I'm not seeing a lot of excitement but it's steady.
You see you got these little tiny channel going
something like bear
on the chain on the on the top of the chain you know something like that.
So as long as the price remains above support these blue line in these or pull trend line we've got
to go and you can set a stock below here.
So the price moves below 11:40 you're out if prices continue high here you know there is resistance
or here is lumber here.
And then there's going to be some resistance up here as well in price price which is that we channel
any price with volume is able to break about it.
Then we have a much bigger resistance and chews up here.
Now the thing that is to me about this one is the prices is already around from 950 all the way up to
11 75.
So this could be an exhaustion move especially with money flow rolling down seeings movement here.
So this will concern me a little bit.
But listen as long as we place our stock losses keep your Stop-Loss the place when you're thinking of
trading is risky.
You risk capital you risk one to make for a good risk reward.
So anyway we'll see what happens with this one.
Like I said I'm not feeling super confident about this particular pattern.
I can also go inside the chart and see what's happening there.
OK.
So steady.
Big pullback.
Yeah I would probably wait for this one.
I want to see a much stronger pattern
and then I will not introduce particular free
so that see what happens moving forward.
Any price moves up you can always jump on board in price moves down you can out a closed position.
As long as you know you have a plan and you follow the plan you're good to go.
So long as the positions we're using are small you don't get too greedy.
You don't get too excited because then it X-Admin philosophy or frx moves against or that it gives you
permission.
You're going to panic.
Just like every year we get these plaques ran from twelve hundred down to 900 950 is scary.
Or you see that kind of something Kemeny some silence look inside the One-Minute
and yet moving down a little bit defeated the simple fix the simple moving average is acting as a resistance.
The aid in a vacuum is resistance.
Now let's watch for a moment see what Christ has and see if bounces off the support for him or if he
bounces off the support right here.
He could be an engine opportunity
just need to see your weight.
If I were gravies I would probably not read it.
I will move on to a different coin that has a more clear than this right now it's at the bottom at the
top of an exhaustion wall.
So I'm feeling a little uncomfortable.
When I see what happens.
There's nothing wrong with what she Crambo minus moving up a little bit but this is not enough.
You see these this is like a Barish flag.
Back Autotrader men will back up the bullish bearish line and now we could see a second wave like these
we want to wait three down to these two sports and potentially down to this level right here.
We should think we're going to place a line of support
these fail Rife's we come down here
or maybe hear 11:17 and 11:23
see what happens.
Latinos move down and see what happened here.
Looking down coming towards completion.
It was in the middle of a reversal here.
And but the emergence of wasn't that strong price went all the way up to over sold over bought impressive
of quite much was what was tampons.
So this is still Barish we're going to see this move much lower Yep Ellison will be testing key support.
This is one Nixon's right here.
It is support 11:44 11:42 support is all in for now.
We'll see if this is not going over yet.
Wollemi steady.
No big spikes.
I think we get a big green candle might be good opportunity to jump on board if we see it.
Big red candle coming in.
Then there is the opportunity to sell
1:44 down to 117 11:17 safety points.
So that's something that is worth selling.
The problem here in.
We're still inside a channel so there's not really a problem if these fail it will come down here and
then get bounced and he will move up there again.
Again this is not the power pattern.
I would like to trade.
But it's worth watching what's happening.