Local bounce explanation
Updated
Description in the chart:
Resistance being tested
1.272 Extension fib profit taking
Ascending triangle (support going higher until breakout)
Resistance being tested
1.272 Extension fib profit taking
Ascending triangle (support going higher until breakout)
Note
Also 4 hour ttm squeeze firing long!
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.