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Inside the expected reversal zone, look for kumo flats to find confluence. At those lines, the probability of reversing is always greater
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Big bounce at 10000...
Expected, so the value of the pin bar is very low
Expected, so the value of the pin bar is very low
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We have a nice MD bar inside the reversal zone
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Now forming an MD bar just after penetrating the lower support
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1st thing to watch for is a break and close above 9230
Unless that happens, don't expect reaching KS
Unless that happens, don't expect reaching KS
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After bouncing from the reversal zone, Now expecting to reach resistance as follows...
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Almost at the trendline now...
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Almost there. Price as well as my oscillator are almost at the critical level. Just a bit more...
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We have an MD bar at resistance but the oscillator still needs to get above the line
Your call, take it or leave it
Your call, take it or leave it
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Still going down. A daily close below TS is a negative a good sign for the bears...
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Chart updated..