Ng managed to hold a key 50% at $6.18 and at the same time put in a strong ATR spike on the 2h. Key level combined with ATR spike means pay attention. This has swung my bias neutral leaning bullish but the first step is getting above $6.7's. If we can get above our local range highs I think we target $7.7. Bullish as long as we are above that $6.18 level. Bearish below ultimately targeting 3 and lower.
Ideally we get a wick below $6.47 to start filling longs stop below $6.18.
Ideally we get a wick below $6.47 to start filling longs stop below $6.18.
Note
6.6 our current level should also be noted as last months mid.Note
well we gapped below my key support at 6.23 on open on only 521 contracts. Lets see what happens around ny open. above bullish below bearish.Note
kinda still think its a buy the dip situation with stops below 6.06Note
down we go. they made it obvious on the h1
Note
keeping my eye on that 6.22 level. above and I think we can temporarily see higher but i think it will be short livedNote
in hindsight it was obvious
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