A prep overview on the 15 min chart from last week's trading session 9 Nov. 9th - Friday the 15th.
Where we are at entering the new week.
Potential small climb to resistance and 3k psychological major levels.
Could have a small climb to a quick reversal to the downside with a double top, if the buyers can't push through last week's resistance levels.
I will be trading on the 1-minute chart but referring to the 15 min for my macro/micro overall trend direction. As of the writing of this analysis. The trend is bullish. The MACD is on the verge of a break to the downside.
I use the 15 min to determine my overall trend and use the 1-minute chart to make my trades. I hope this gives you some insight into a profitable trading session this week.
Cheers,
OneupZim!
Where we are at entering the new week.
Potential small climb to resistance and 3k psychological major levels.
Could have a small climb to a quick reversal to the downside with a double top, if the buyers can't push through last week's resistance levels.
I will be trading on the 1-minute chart but referring to the 15 min for my macro/micro overall trend direction. As of the writing of this analysis. The trend is bullish. The MACD is on the verge of a break to the downside.
I use the 15 min to determine my overall trend and use the 1-minute chart to make my trades. I hope this gives you some insight into a profitable trading session this week.
Cheers,
OneupZim!