im exploring different setups for a weekly bounce, and also prepared if there isnt one. theres not much to say other than if we hold todays low the channel break will continue moving away from regression and we will get a bounce, maybe 4022, and if we resist from mondays high and break its low im looking toward 3875 whereabouts im still looking for a bounce. its only if we start closing 4hr below 3859 that i become much more bearish.
Note
403.06, 396.87 currently those VWMA and TRAMA levels respectively.
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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.