So looks like it might bounce up to $28 which is about where the EMA50 on the weekly time frame. Do you use the EMAs? I have set mine to 20 and 50 as there is a lot of price action interaction with these settings. (EMA - exponential moving average)
Also I have no fucking idea how this instrument works, im just noticing a pattern with that EMA which would be my target (to ride to that EMA or last high or low or S/R line. Generally thats how i set my targets
Also I have no fucking idea how this instrument works, im just noticing a pattern with that EMA which would be my target (to ride to that EMA or last high or low or S/R line. Generally thats how i set my targets