Well, it is shaping up to be another interesting Friday.
London already looks like it is trying to make a move to the downside, and the question now is how far will the London Bears plan to take it.
Are they just stretching their legs before New York wakes up, or are they trying to start something bigger before the real volume shows up.
Because once New York opens, the entire tone of the market can change in a heartbeat.
Sometimes New York continues the move.
Sometimes New York flips the whole script.
So the big question for the Jungle today is simple.
Will New York follow the Bears and push price lower, or will they step in with the Bulls and ride price back toward the top of the range.
We are going to find out soon enough.
I would love to hear your thoughts on the market, so feel free to drop a comment and join the conversation.
And like always, trade safe, use good risk management, wait for your levels, and wait for your confirmations.
The Jungle rewards patience.
Until next time.
London already looks like it is trying to make a move to the downside, and the question now is how far will the London Bears plan to take it.
Are they just stretching their legs before New York wakes up, or are they trying to start something bigger before the real volume shows up.
Because once New York opens, the entire tone of the market can change in a heartbeat.
Sometimes New York continues the move.
Sometimes New York flips the whole script.
So the big question for the Jungle today is simple.
Will New York follow the Bears and push price lower, or will they step in with the Bulls and ride price back toward the top of the range.
We are going to find out soon enough.
I would love to hear your thoughts on the market, so feel free to drop a comment and join the conversation.
And like always, trade safe, use good risk management, wait for your levels, and wait for your confirmations.
The Jungle rewards patience.
Until next time.
Red Elephant
Need More TA? The Elephant Jungle: redelephant818.substack.com/?utm_campaign=profile_chips
Trade On KCEX Lowest Fees: kcex.com/register?inviteCode=TV04VP
Follow On X (Twitter): x.com/RedElephant818
Need More TA? The Elephant Jungle: redelephant818.substack.com/?utm_campaign=profile_chips
Trade On KCEX Lowest Fees: kcex.com/register?inviteCode=TV04VP
Follow On X (Twitter): x.com/RedElephant818
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Red Elephant
Need More TA? The Elephant Jungle: redelephant818.substack.com/?utm_campaign=profile_chips
Trade On KCEX Lowest Fees: kcex.com/register?inviteCode=TV04VP
Follow On X (Twitter): x.com/RedElephant818
Need More TA? The Elephant Jungle: redelephant818.substack.com/?utm_campaign=profile_chips
Trade On KCEX Lowest Fees: kcex.com/register?inviteCode=TV04VP
Follow On X (Twitter): x.com/RedElephant818
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.