Hey OurLady, This 4100 level is going to be hard one to crack....

Hey OurLady,


This 4100 level is going to be hard one to crack.
That 4hr is almost ripe to break the lower channel line and needs to get going soon or will be going lower.
I will be ready here for a short trade tonight (with tight stops)





The daily looks good and appears to respect the 50% fib retracement from Jan low to April high, i.e 4087.
If it can clear 4107 on the daily, next stop will be 4314 however i am betting on seeing 3901 first (possible a back test to that 21ema or even 3811).
There is a clear sideways channel forming between 4087 and 3901.





GL all and DYOR
Rambleon