Since the last update, the W Formation formed, price broke up. And the buying commenced again.
It was a long wait, but now it seems like this paper train is ready to run up. Enough corniness, but we need the momentum to pick up a bit more before the price falls into the range.
I'm happy with this analysis and sound risk level.
Trade Well,
Timon Rossolimos
Founder, MATI Trader
(Pro trader since 2003)
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