High volume bounce.
At Major Support.
Still consolidating within channel/flag.
Looking to make a move to the upper end of the consolidation pattern and back to MA's. Maybe a couple of pips to pull.
No real direction is yet determined so this is still either a accumulation zone or distribution. As always, care for the break out either way.
At Major Support.
Still consolidating within channel/flag.
Looking to make a move to the upper end of the consolidation pattern and back to MA's. Maybe a couple of pips to pull.
No real direction is yet determined so this is still either a accumulation zone or distribution. As always, care for the break out either way.
Note
More than halfway to target. Take some profit and set to B-E or in profit.Trade closed manually
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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.
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.