⚡️Alright so basically we're just at this important TA point and our markings still show just about everything I mean they literally show channels and the chart speaks for itself. We're at this important tug a war point which is always what happens before we get a big directional move as we've seen countless times already from past points like this we've analyzed and gone through. We failed to meet and come up again to our resistance marking. Here's the previous idea link and chart to view.
⚡️0.492 is our resistance and 0.486 is our support as we're seeing here and what mainly matters is whether or not we create a new mountain for this 200 EMA to enter so we can get that move up or whether or not we'll lose it. Personally it seems like we may lose that EMA if past price action has anything to say. Anyway we're at a pretty important basically and what happens next will determine a lot and the next trend.
⚡️Off from work so going to sleep now but if the market's anything to tell it's looking like a red day and that can definitely help bears in today's fight so keep note and watch those EMA's, especially on the lower time frame and if you'd like you can just come back to this idea whenever and hit that play button which will do just as good of a job of telling you with the 15 minute but if you're looking for a quicker indicator use the lower timeframes definitely.
⚡️Wishing well per usual and simply providing what I can, I apologize I haven't been able to give my best ideas and stuff as I usually do, been dealing with a bit from work and trying to sort out some life stuff but have no doubt soon we'll be running better than ever with pumping ideas out and October changes! If you'd like to leave a like or follow it'd be much appreciated of course, simply a Rock providing a simple idea and look on things as always.
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