22 Reversal Down Triggered
Price triggered a 2 down and bounced, are we heading to retest last month candle .50 or is it a failed 2down?
Price is currently above the 6M .50, this one is fairly simple and easy to watch for the month.
Levels to pay attention to and why?
- The 3week candle printed an indecision candle, so your main focus for the month is to watch if price is able to get over $12557.50. If price fails to build over that level then our 2down on the month is actionable and the downside targets will be targeted.
- Monthly 2 down Targets
- $11734.00
- $11529.75
- $11346.00
- If price fails to get over the $12557.50 level (which in my opinion is reaching but hey price is price) please note we will trigger a 2-1-2down on the 3week chart.
