Possible PEMA confluence on the daily. Expect either price to crossover or a test with bearish confirmation. Weekly pivot trend analysis says we should be taking shorts more often this week. Today's daily pivots tell me we are slightly bearish but I will look for price to trade in a tighter range throughout this session which may lead to a breakout session on Friday.
Also, note the thick red dotted line is a major POC. If the price is above I am overall bullish and if the price is below I am overall bearish. Taking intraday trades in the direction of this line plus daily sentiment will help.
Please comment if you agree or disagree. Let's chat!
Also, note the thick red dotted line is a major POC. If the price is above I am overall bullish and if the price is below I am overall bearish. Taking intraday trades in the direction of this line plus daily sentiment will help.
Please comment if you agree or disagree. Let's chat!
Join My Trading Community: joerodtrades.com/landing/
Get Funded: apextraderfunding.com/member/aff/go/jrod730
Get Funded: apextraderfunding.com/member/aff/go/jrod730
