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Long trade on pullback to VWAP Market manipulate to make us think they were gonna short ,took a loss
market settled took a long took a little heat but 200 ema supported and took off ..
Theres lot of room to run to the 100 % extension ,markets in the past have been in love with the 76.4 extension.
learning to read better market structure ,looking at points where market really feels like doing something
market bouncing on tunnel lets see how it evolves....
took a long this morning as market is in a bound range mode for now lets see if it breaks or fades ...
Market still wantsd to break out it can be today after lunch or tomorrow ,expect a run to the upside and beyond.
Were still on the channel market hit a wave c again on the downtrend..
Another double pattern in afternoon trading a C wave along with a Crab pattern
market really reacted to the upside ..
Market all morning did managed to go above vwap bounced many times giving great oportunity for longs..
Didn't expect the sell of but thinking a bit it might be market making waves to catch the big investors and to load contracts for tomorrow i feel market is still bullish but lets see what the big pockets are going to do....
Market reversed at major resistance along was a 5 wave to the upside requesting a correction market managed to go under the vwap and couldn't keep running above it..
So it was more reasonable to go short ....
Monday will be in 06-17 contracts..
