2 charts as I use to. Smaller TF on the left and 9D on the right.
EMA 100 1D and 12H in the right pictures. Look at first support there at the beginning of this bullish cycle...
We have to channels going up, one slower in which we are moving now, and the faster one that we left at last correction.
I don't see now reasons of changing to emergency stop lane or turning around in this scenario.
It seems that EMA 100 1D is driving the traffic along forward.
Crossing it will warn us about trend changing.
Opinions anyone?
Take care of your hard made money guys!
THIS IS NOT A FINANCIAL ADVISE!
CHEERS!