Yesterday's idea on with the 200 day ema prediction/DOL zone was definitely the right zone for a key interaction.
If oscillator momentum can keep up, I think we should be targeting a gap fill in the 430 zone today.
Momentum is down. If we're really going to bounce and long we should see some kind of bottoming pattern/interaction that provides us with confirmation of support.
In short:
If oscillator momentum can keep up, I think we should be targeting a gap fill in the 430 zone today.
Momentum is down. If we're really going to bounce and long we should see some kind of bottoming pattern/interaction that provides us with confirmation of support.
In short:
- Rallies are to be faded
- Approach pumps as scalps (day trade only)
- Bulls need a gap up or some other supportive action in order to have a sign of strength
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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
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Related publications
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.