Notes
1. Weekly CP DZ in control. . A strong fresh and original with good base and good departure
>> remember weekly still up because no demand zone has been taken out (bullish consolidation )
2. Monthly also up (bullish consolidation)
3. Monthly reacting bullish on a flip zone
4. Clean and strong arrival to weekly zone ( hence odds enhancer that weekly DZ will rebound high)
5. Confirmed by strong bullish engulfing after reacting to weekly CP DZ
6. Daily overextended and rather compressed with a lot of wicks
7. Weekly also overextended ending into a strong and fresh DZ. .hmm.. think of spring effect. .. rebound fast?
*** Listen to Hugh sharing - " it's been one week and I been so bored only one trade.. I know I am breaking the rule but I just wanna short it when I am not allowed. . I have found a lot of reason to justify my wrongdoing (e.g. I found a confluence of weekly Ema 20 etc. .)
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