Since price is still in its distribution phase, I'm looking for another impulsive move to the upside before a major sell off. We have a major rejection of support but im looking for price to create a double bottom for confirmation. Be mindful of any heavy impact news releases related to covid or stimulus. Compare with your analysis. Use risk management!
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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.