Updated
I'm a novice, but I might be right.
We bounced off resistance at .68, but have upward trend crossing with support at .53.
MACD indicator reading bullish on 2h and up.
Volume was good on the initial move upward. If we rebound off .53 and the volume is strong, maybe there's something here.
(This is my first idea post ever. I'm very much a novice so don't take my word for it. )
MACD indicator reading bullish on 2h and up.
Volume was good on the initial move upward. If we rebound off .53 and the volume is strong, maybe there's something here.
(This is my first idea post ever. I'm very much a novice so don't take my word for it. )
Note
Rebound occurred. Broke through .61 resistance. Volume is decent. Starting to swing upward toward .68.
Note
.68 Resistance level reached!Trade closed: target reached
I wasn't actively trading this idea, but it would have been a decent one to move with.
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