I think we are at the local pivot point where you can try to grab some longs to become part of algorithmic delivery to the buyside, the chart itself looks amazing from larger to smaller timeframes, perfect orderflow, rebalanced inefficiencies, sellside taken, smooth areas taken, retraced 50 % , i would look for the green start of the week, probably, all the way to an end of the week. Will be following along the chart throughout the week in the comments.
Note
This downside move I explain as the initial manipulation, below the relative equal lows on the left side of the chart, still looking up so far
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.