We assumed today would be a digestion day, with a bias to float up to test, and break 58 before any significant pullback.
60 was a perfect measured move.
The sweeper move knocks out the aggressive shorts who have been squeezed all day, and in a pullback Charlie says now is my chance to get on board this train!
Well 52 will hold…
The RPG pattern swipes Pullback Charlie out along with the trapped longs, and the profit taking sequence floats into the close.
No real damage done other than to the middle traders who are wrong.
@unpektable @GICfutures @FlowTraderES @BamaTrader @jotuk6771 @SE1_Trading @FadeTrader @Boyplungr thanks all for posts on #EMWS today
Trying to find those solid ideas for a few good trades a day…