CHANNEL IS ACCURATE AND PARALLEL
I THINK THE NEW YORK SESSION ARE GONNA BE SELLING TODAY..
YESTERDAYS DAILY LOW BREAKOUT. OR A RETEST OF A DAILY HIGH.
TRADING THE HIGH AND LOWS OF THE DAYS ALONG WITH NICE PRICE REJECTION. RSI CURRENTLY UNDER 50 SO ITS IN A DOWNTREND, SHORT LIVED MAYBE. LETS SEE HOW PRICE REACTS TO THESE LEVELS
BREAK DO THE DOWNSIDE FOLLOWED WITH A POSSIBLE ENTRY TO A LONG TERM UPSIDE BREAKOUT
IF SO, BREAKOUT LIKELY TO THE BOTTOM AND ONLY TOUCHES OF THE BOTTOM TRENDLINE CHANNEL CAN WE LOOK RIDE A BREAK TO THE UPSIDE
LONG TERM TRADE SETUP. IM WAITING FOR A CRASH NEXT WEEK FOLLOWED BY LONG TERM BUY TREND.
DEFINITELY LOADING FOR A CRASH. AT THE SAME TIME IT WILL DEFINITELY KEEP SMASHING NEW HIGHS