Happy New Year Everyone! Last blog I was talking about how we are in the golden zone and we are about to try and make a jump. We took one more stab down, but we did go up almost $400, since my last post! I see us going up much more, but short term looking at a short position to play! First let's look long term and see where we are at.....
https://www.tradingview.com/x/QZM91XZj/
Looks bullish on the daily, let's see why I want to short on smaller time frames...
https://www.tradingview.com/x/0NKTYfjJ/
Clearly see 5 waves, let's look at my favorite indicator (RSI) and see my other reason for going short. Gonna use the hour time frame...
https://www.tradingview.com/x/WZPKC1an/
Where will I close my short and look to go long? The golden zone of course! This is not financial advice, this is my trading journal. Good luck and good day!