Starting with a bit of context we're in an imbalanced bullish state on most timeframes (relevant to this potential trade).
Structurally we broke up from a 4 day balance area looking for higher prices.
Price stabbed into a naked 3 day composite, If we can get some trading inside the composite, I expect a full traversal to the upside ($0.70)
Structurally we broke up from a 4 day balance area looking for higher prices.
Price stabbed into a naked 3 day composite, If we can get some trading inside the composite, I expect a full traversal to the upside ($0.70)
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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.