Can you comment on the setup here? Is it simply the 50% bounce from the high yesterday at roughly 4583 to the overnight low going into today at 4455? This puts it at roughly 4518. So many 50% levels fail, so is there another reason to target this one?
5 more at 00.25.... 5x left ... +18.25 5 min Diamond formation about to pop... globex into the am session
There were a few things going on there... the more indicators that you can string together... the stronger the conviction & better odds of trade going your way.
Took 95 even here... time stop hit ... +23.50 & flat Next bar is the 20th bar of session on the 5 min chart...that was a long hold time I feel we still get this move Plus sub - globex lo... Was able to also sell position shorts up at 18.50 as well 5X ... resting sell limit was hit.. more to sell there....