After the clear reset from the last analysis, we bounced upwards as I expected.
Notice the oscillator: curling up with plenty of room above. We could make a double top here with a solid rejection but my expectation remains bullish. Anything below 416 means we're in for a larger retracement and is a good short opportunity.
In short: Long only, expecting price to break into mid 420's. Thesis is broken temporarily below 416 zone.
Notice the oscillator: curling up with plenty of room above. We could make a double top here with a solid rejection but my expectation remains bullish. Anything below 416 means we're in for a larger retracement and is a good short opportunity.
In short: Long only, expecting price to break into mid 420's. Thesis is broken temporarily below 416 zone.
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❤️ Premium indicator subscription @ Whop includes: Mojo Levels, Manipulation Model, Super Oscillator, VIX Meter, and Volatility Radar
🔗 whop.com/c/upslidedown/t use discount code FRIENDOFUSD for 20% off FOREVER
🔗 whop.com/c/upslidedown/t use discount code FRIENDOFUSD for 20% off FOREVER
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.