What a nice few weeks it has been trading and following MASK/USD!
Currently there are chart dynamics that could push us towards more bullish price action!
MACD & Stochastic are turning vertical and Price action has reacted off of strong resistance level of $6.67 now turned support.
I think we will rapidly test the recent candle body high of $7.80 with wicks into the low $8's and breach past it.
Following a big move we should then sell off and look to find support on those same price levels...
Could see $11 before the sell off but thats pure speculation.
My Opinion Only.
Not Financial Advice
Currently there are chart dynamics that could push us towards more bullish price action!
MACD & Stochastic are turning vertical and Price action has reacted off of strong resistance level of $6.67 now turned support.
I think we will rapidly test the recent candle body high of $7.80 with wicks into the low $8's and breach past it.
Following a big move we should then sell off and look to find support on those same price levels...
Could see $11 before the sell off but thats pure speculation.
My Opinion Only.
Not Financial Advice
Note
Price has collapsed to retest the level from where this move started.. We could see another leg up from here or a continuation into a lower low. Time will soon reveal...Trade active
Breakout is well underway!!
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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.
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.