Two potential scenarios that seem realistic, let me know what you think, it would be appreciated!
Just a trade idea that has good RR and seems reasonable. What do you think?
Lower highs in price action- higher highs on Stochs accompanied by possible rejection at the first touch of the overbought zone which makes sense since it has been over 2 and a half months since we have crossed into that zone. Look out for a slight downside, possibly even a test of the yellow range.
Would like to see us open and close above the top resistance range (~.414), very bullish
Looks very nice for a breakout, decreasing volume with tightening sell-side PA.
Hello, this is the first idea I have ever listed and have only been doing TA for the past year or so. If you like or dislike the analysis feel free to leave a comment, all criticism, constructive or not is cool with me. :)