Bullish momentum to continue into asia open
Currently RSI is in a good range, built up some bull strength at 53.60 thanks to some side action.
We must watch VWAP to see if bulls can pull it across the MA. We must stay above 53.60 to hold the momentum.
Also keep in mind DXY is down, OVX in green, gold is also attempting to remain green.
Therefore, I believe there is currently a great bullish set-up that can pick up on Asia trade once volume increases.
We must watch VWAP to see if bulls can pull it across the MA. We must stay above 53.60 to hold the momentum.
Also keep in mind DXY is down, OVX in green, gold is also attempting to remain green.
Therefore, I believe there is currently a great bullish set-up that can pick up on Asia trade once volume increases.
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.