If anyone took this trade, I'd love to hear from you. My last priority is placing trades, I only do it when I have time, but still, even here I'm considering taking this trade (short).
RCII and the bear flag break down, I think this is the 3rd reminder post on RCII today.
Once RCII broke the bear flag it kept going, no head fake, this in itself is a change in the character of the market and suggest more urgent selling.
The 1 min chart has been in line or confirming the move down all day
The same for the 5 min
The 15 min is leading price.
So is the 30 min
And the 60 min should see the 30 min bleed through, but for now it is confirming the downtrend, if you got on board, congratulations, this looks to be a solid entry/trade
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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