Similarities are still very apparent, If we get the MACD + StochRSI crosses and maintain the 20 1h EMA the Idea would still hold and a continuation with be more likely in my opinion
Note
A word of caution, we're currently at\below a golden pocket taken from the last local top. this is a major difference in structure from the previous move which managed to stay mainly aboce it in this position. reaction here is a given and will atest for who's got the upper hand here.
Since the strength of the macro move is unquestionable I lean bullish but still cautios here
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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.