Areas of Significant Bounce Potential ES
With RSI getting low on the daily and most charts, buying bounces is becoming attractive.
Connecting trend lines and seeing their intersection points may point out potential bounce points here. Areas of interest are outlined in the two boxes.
Keeping that in mind, I would not set high exit limits and be aware of all top trend lines where rejection can and most likely will occur.
Happy trading to you all, and to all a good day.
= FIB
Connecting trend lines and seeing their intersection points may point out potential bounce points here. Areas of interest are outlined in the two boxes.
Keeping that in mind, I would not set high exit limits and be aware of all top trend lines where rejection can and most likely will occur.
Happy trading to you all, and to all a good day.
= FIB
The prediction is in...
= FIB
= FIB