RE:RE:RE:RE:RE:Shaking off the treeMarketMoney wrote: Usually you shake the tree without breaking the tree! When you shake the tree you make sure you don't break a good support otherwise your're just not shaking the tree but giving a sell signal to all technical traders and then all hell break loose....Stage 4 in hourly chart so far...at this stage buying is like catching a falling knife.
1,35$ is fairly holding and at this point it could go both ways...
1,35$ Is the support you don't want to turn into a resistance because then you have all the trades above it that are future selling pressure....and there's alot of it now!!! That's why I always mention you need alot of volume for a breakout, it's to avoid this kind of situation.
There's still hope but need lots of volume to bring it up now!
LOL...of coarse there is hope....its called Aristotle and anything that it has to do with....
You can throw all the green and red bars out the window....
The news im waiting for is what matters.... not lines on a chart
Just my opinion from a long holder.....
Thats why our opinions may differ...
Goodluck folks