i see a possible downturn in the markets or a fakeout to the downside. This 2hr setup loos like another move up to get retest and back down we go.
Daily timeframe looks like a head and shoulders but i am treading cautiously because i can see it being a big fakeout due to how bullish the market has been and i can see daily looking like a potential W with more to the upside. For now this is my setup for the short term.
Daily timeframe looks like a head and shoulders but i am treading cautiously because i can see it being a big fakeout due to how bullish the market has been and i can see daily looking like a potential W with more to the upside. For now this is my setup for the short term.