self explanatory image
הערה:
blue arrow , where i call , rejection and a big channel that we reentered
הערה:
be aware this area is always been a strong support resitence
הערה:
abovr 6500-6600 i will be confortable to go long, before that we could get a rejection.
הערה:
as son as we touch the top on the channel we encounter resitence as expected
הערה:
we broke the support resistence area, testing the residence of the channel.
הערה:
as expected figthign hard on this resitence.
הערה:
it looks is a rejection probably going to the arrow, id we break trough the yellow area. until then we could still reverse back
הערה:
as i said we are in the yellow are what some people call the dumb trade zone,you can do risky trading and short on the top and long on the bottom . i prefer to stay sideways until we know more.
הערה:
i think we will top in this previous support know resistance, and 200MA , 100MA . it will be a great profit since the bottom 3800ish, so will probably not cross it.
הערה:
restest of the resistence and know support.
הערה:
support is holding still have a target around 50MA, or 200MA 100MA
הערה:
continuation idea.
הערה:
zoom out
הערה:
related idea
הערה:
so we slowly went to the big resitence and 200MA to break them, quite surprise with the strong bulls, less wait for the end of the day and see if we get a week to 200MA if not the last target is there
הערה:
עסקה סגורה: היעד הושג:
and we got there 120 since the bottom
הערה:
continuation idea we just broke on the daily.
