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Re: Citrati post# 4078

Monday, 06/19/2017 4:44:57 PM

Monday, June 19, 2017 4:44:57 PM

Post# of 11307
I saw that 'change' in the ADX too.

good to look at the ADX,
it turned into a downwave with that red line surging like it did. doesn't it suggest that the bias is a downwave ongoing now, and so watching the resistance overhead is the key. it might reach 5.80, then pullback and Hold at 5.45/5.35 and become a new bullish rally again....but until we see it, its a guess for a target zone. It could zig zag around that 5.50/5.40 area,bounce to 5.65/5.75 and get Hammered down there. its a battlezone around 5.60-5.80...
I don't think I can trust any surging bounce in this pattern.... slow to 5.80 or fast to 5.80, its the same resistance target waiting to get Hammered down. The buy zone starts at 5.30 for me,and the selling zone starts at 5.70-6.00

short time frame intraday price watching this week.

keep up the good work.

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