Here we can see a triple bottom that has occurred, we can see when this happened before we had a run up. We are still in this inverse head and shoulders as well so a run up can also mean we break it and go further up. Also the stoch RSI indicator had also crossed up on the 4 hour usually meaning extremely bullish trends afterwords
Note
Could easily see $10,270 if we pass that we will try to break trend line in Blue then complete inverse Head and Shoulders and continue to go up
Note
crossed a FIB at $9800 lets see if we go to $10,281
Note
i still think this 4 hour candle is going to end green but lets see
Note
going back to our trend line lets hope we stay on top
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.