Break even. Top of the mini channel on the 1 hour chart is near.
I'm back and I entered the market on the long side. I think the price action just tested the correction channel drawn on the 1 hour chart. There is also a bullish slingshot on the daily time frame. We'll see how this is going to work out.
Still on the way. I'm trying to follow on my cell. I think the 1 hour chart shows bullish signs.
Today is really busy for me. Hopefully I'll be able to follow the market more tight during the afternoon. I'm gonna away from the computer for a while now. The rest of my long got stop out.
Scaled out.I'm gonna open another long if the break out attempt will be proved to be valid.
I entered the market on the long side. Correction channel must break. Since I started to type the market is going for a break out attempt on the 5 minutes chart.
So far the drop from yesreday's top looks corrective. The 4 hours chart shows potentially bullish patterns, namely an inverse H&S, but the price is still under the neckline, so it is not valid yet.
|4 hours chart and an inverse H&S pattern (price is under the neckline)|