OAX Is NO Hoax
Seeing a nice entry at the bullish .5 retracement level which lines up nicely with the most recent break out level.
Has some generous profits ahead, resistance will be rather futile! lol.
Notes:
Break Level - Important Level at which price must break to generate price discovery.
Hold Level - Important Level at which price must hold (not close under) for the present uptrend to be valid.
Explosion Level - Important Level which we can expect price to explode higher when it becomes support.
Target Level - Possible place to take short term profits before re-entering at a lower price.
Tested Level - Level of resistance/support which is weak.
Inverse Hold & Target - Important Level of prior support held as resistance. Acts as a possible target too.
Has some generous profits ahead, resistance will be rather futile! lol.
Notes:
Break Level - Important Level at which price must break to generate price discovery.
Hold Level - Important Level at which price must hold (not close under) for the present uptrend to be valid.
Explosion Level - Important Level which we can expect price to explode higher when it becomes support.
Target Level - Possible place to take short term profits before re-entering at a lower price.
Tested Level - Level of resistance/support which is weak.
Inverse Hold & Target - Important Level of prior support held as resistance. Acts as a possible target too.
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