Unless it breaks below decisively, this looks like a consolidation to me. Done posting and trading for the day. Going out for a walk with my dog and other errands to take care of.
Looks like a double top on the hourly right at the moving averages and the 50% fib level. But the vold and voldq are all pointing up still which doesnt support a downward move. Does anyone ever look at the vold or voldq?
I know what I am seeing, my own fault for switching views and I pushed the button. Everyone responsible for their own trades regardless, so it's all good, plus you were clear to begin with.
Of course..... playing out as expected, I just managed to become part of the trapped longs I was trading against LOL.
Honor thy stop… no exceptions.. Worst thing about being trapped, in addition to losing equity, is losing out on missed opportunity, which is a double negative to your bottom line!
Nice 15/30M OVB off swing lo`s should give the Bullys some legs here.... Potential IHS in the making here... Providing a conservative short entry above.