If thats your simple understanding...
You'll have to resign yourself to it.
I said very clearly, watch the resistance overhead next. at 11.50-11.60 area as a clue. I said its possible the 11.25 support area could hold.(and rally 1 dollar from there) I'm looking at the price action pattern, and I describe it because I understand it. I said if we get another downwave from the 11.60 area, the 80 cent drop would target the 10.80 step. I dont know if youre able to examine price action, but this basic picture I'm describing is not complex.Its the basic steps of support and resistance, as they move along track patterns, and like reading a road map can help to see where the targets are and how the price moves to get there, in both directions. Today was one of those tricky days that went in both directions. to targets. Trading these gyrations is tricky to play well.
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