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MR
mreiserer
Rep: 110
Posts: 2,220

Getting close to a key spot (as posted a few weeks ago, forgot which thread)

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JI
jimkane
Rep: 3,058
Posts: 33,089
And the RTH HOD, where it rolled, was dead on the upper // of an obvious natural set, to the tick on my charts.
MR
mreiserer
Rep: 110
Posts: 2,220
yup
MR
mreiserer
Rep: 110
Posts: 2,220
interesting spot coming up right here. Wave 2 for shorts or explode up
JI
jimkane
Rep: 3,058
Posts: 33,089
Yes, key line right here. I'm thinking explode up is much, much more likely. We'll see. Price action always rules for me.
JI
jimkane
Rep: 3,058
Posts: 33,089
Planning to ride...

'He's got a ticket to ride, and he don't care...' My apologies to the Beatles.
JI
jimkane
Rep: 3,058
Posts: 33,089
M knows better than anyone I'd love to see them crush this oinker off this spot, but until they do and trigger it, I've got to stay with the long side bias.
MR
mreiserer
Rep: 110
Posts: 2,220
you know what this looks like...
MR
mreiserer
Rep: 110
Posts: 2,220
re-test of line in form of a DB 1.902
MR
mreiserer
Rep: 110
Posts: 2,220
it will hold for 2 more secs....
JI
jimkane
Rep: 3,058
Posts: 33,089
It's cool that, no matter if it holds or fails, it sure does 'see' it, very clearly.
MR
mreiserer
Rep: 110
Posts: 2,220
yes to the trendline creep.
higher timeframe chart for clarity



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