See callout bubbles. Price has quite a bit of room to run before hitting the Brexit bear level. For now, the uptrend seems to be the path of least resistance. Use intraday charts to determine your entry and stick in it for the ride up. Because of the clean move down from Brexit, there aren't any big sellers until we go much higher. There may some turbulence on the way up, but that is to be expected. For now, it looks like the Bulls are in control.
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***If you feel like you've learned something and would like to learn even more, please sign up and support me as a patron at my Patreon page located at Patreon.com/SimpleRenkoTrading***
Thank you for your support!
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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.