Please see chart for similarities in RSI structure and how we dipped right under the point of control before take off. Also see how we rode the 55 ema the entire time. It's beautiful. I believe we will moon today. If we lose 9k I think we may slow bleed until 8.2k and hopefully that holds. If it doesn't I will become a macro bear :(
Note
We really need to close into the cloud to maintain bullish momentum. We rejected at the daily kumo twist which is usually the place of strongest resistances.
Note
Not looking good boys. Possibly new lows. Not sure.
Note
Slow bleed.Trade closed: stop reached
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.
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.