had enough ST pain guys ?good day today, well done, it appears...

had enough ST pain guys ?

good day today, well done, it appears to have done the trick dipping well lower and finding not too many sellers atm, which is good

imo it would be good in the ST, for it to settle for a moment (who knows if it will) and see if there are any more sellers about

my preferred setup would happen on the weekly,

it would be, to move higher on an increase in volume/spread next week (ha ha xmas)

followed by one that settles, that would give a ripper of a low risk entry (a down/level bar on reduced volume/spread) based on this
longer timeframe and that would look like a nice test bar

if the gods do allow that setup to appear it imo would be a 10/10

looking at this timeframe also you don't really get too fussed with what is happening on the daily,
but that's just a personal choice

over the top you seen that the pros had their fun and quiet possibly atm there in the process of 'testing' to see how
many ST/weak holders they can shake ie. the ones that bought up top there in that high risk zone

if they don't find many, there's a good chance for better prices imo,
this may take a little while though before they're totally convinced but by todays action it's a start

GLA

daily/weekly (still 2days though)