15 minute
If volume stays low throughout the potential handle then it could produce another impulse to the upside.
If the cup and handle fails, then we will look to form a bull flag consolidation, bias to the upside until further notice.
8300 Resistance 8100 Support
The 1HR Stoch RSI is oversold and ready... but the other lower time frames need a little more time to recharge.
If volume stays low throughout the potential handle then it could produce another impulse to the upside.
If the cup and handle fails, then we will look to form a bull flag consolidation, bias to the upside until further notice.
8300 Resistance 8100 Support
The 1HR Stoch RSI is oversold and ready... but the other lower time frames need a little more time to recharge.
Note
5, 10 and 15min Stochs are ready to go in oversold with the 5 minute already climbing. We should see our supportive buying come inNote
Smash the Likes for more updates.. If I make it to the First Page then I will commence a $1Million trading challengeNote
Upcoming resistances are 8550 and 8850
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Related publications
Disclaimer
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.