If it closes green I would be very bullish
For a small long scalp to the EMA 55 1H and the gray trending line.
But it could break it eventually if so the movement would be way bigger (so I would be holding a higher amount instead of taking 50% profit in this case at that point)
I would be watching the SQZ change to red (bars) too, that would be support even more the bullish idea.
But it could break it eventually if so the movement would be way bigger (so I would be holding a higher amount instead of taking 50% profit in this case at that point)
I would be watching the SQZ change to red (bars) too, that would be support even more the bullish idea.
Note
and of course is in a support area, it seems to be shaping a triple bottom pattern etc
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.