Nice consolidation for scalping (and more)
Updated
reached a significant bottom from the daily chart.
Here it turns out that an up-down game will begin.
The consolidation can break up towards the descending trend line. From there - either a drop to a second leg or a breakout to the next trend line (which is also a 200 moving average).
Second option, breaking down to the second leg (and from there.. we'll see).
Here it turns out that an up-down game will begin.
The consolidation can break up towards the descending trend line. From there - either a drop to a second leg or a breakout to the next trend line (which is also a 200 moving average).
Second option, breaking down to the second leg (and from there.. we'll see).
Trade active
up we go.. but not for a long run yetNote
Trade closed: target reached
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