Note the yellow line. No, GOLD line!
I believe this is where we are heading next. Once this hits we can wait and see the reaction, but there is a gold mine at this level.
I am not in a buy currently, monitoring closely now and looking for the best opportunity. I'll update comments when I see...
On the 1 hour take note of the bullish candle (highlighted). This was a pretty strong looking buy candle, which price broke aggressively. Failed support will become resistance.
tradingview.com/chart/aD1FBK8i/
I believe this is where we are heading next. Once this hits we can wait and see the reaction, but there is a gold mine at this level.
I am not in a buy currently, monitoring closely now and looking for the best opportunity. I'll update comments when I see...
On the 1 hour take note of the bullish candle (highlighted). This was a pretty strong looking buy candle, which price broke aggressively. Failed support will become resistance.
tradingview.com/chart/aD1FBK8i/
Note
Taken some profits. I'll be looking to add to long position if we get a suitable re-accumulation
Note
This is the image I shared earlier on a 1 hour view. The link doesn't seem to work properly above...Trade closed: target reached
Target hit no problem. The zone I highlighted, for now, is holding as resistance like I suggested
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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.