So it looks like I was a week early - my Sell order at 6 is still in and I put in another Sell Order for 6.5 as a pyramid order to take advantage of higher prices.
I will be watching as the week progresses to see if price action goes way up past 6.5 or not. If price does not pass the red line of the Alligator then I should be fine and price action will come down. If I'm right, then this also means that the Jul 12th candle will become a fractal so that should be the high point.
Anyway, recession fears are in so as soon as everyone starts to freak out, price action will drop as no one anywhere will be going out and spending any money, so no demand.
Stay safe.
Heiko
I will be watching as the week progresses to see if price action goes way up past 6.5 or not. If price does not pass the red line of the Alligator then I should be fine and price action will come down. If I'm right, then this also means that the Jul 12th candle will become a fractal so that should be the high point.
Anyway, recession fears are in so as soon as everyone starts to freak out, price action will drop as no one anywhere will be going out and spending any money, so no demand.
Stay safe.
Heiko
Order storniert
Clearly I couldn't have been more wrong with this call...Lord knows no one is right all the time - this time I really screwed up huge!
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