Fundamentals say one thing, my chart says another!!
The purple trendline is my initial target, with another target lower.
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closed my 1944 shorts
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going to re enter this trade at 1895
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looking closer, this could go short from market open. sitting on a pivot trendline, which we spent friday mulling underneat and retesting the trendline. Has also rejected a particular channel with the last two highs on hourly.
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nearly there, daily camerilla target at 1802.71 and the purple trendline is just above that at 1804.30. if camerilla target doesnt fail it will retrace to atleast 1819 which puts in a nice spot i will try show on another chart. you need see daily chart, but it doesnt give the detail . will try post 2 charts side by side