As shown on chart; our target is a clean resistance level on the Daily Timeframe - residing near an equal high which tells me there are stops residing above there waiting to be targeted
Today, the low was taken and stops were triggered, this tells me that we have entered the final market phase and are ready for price expansion, it's soon upon us
Today, the low was taken and stops were triggered, this tells me that we have entered the final market phase and are ready for price expansion, it's soon upon us
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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.