Reclaimed the pivot, took the stops below the previous wick and reversed with a beautiful candle.
I'd like to see some volume coming in towards the daily close soon, and we're in for a nice move off of this area.
Hold 10250-10200 zone and it's all good.
Lose 10200-10160, and I get worried.
I'd like to see some volume coming in towards the daily close soon, and we're in for a nice move off of this area.
Hold 10250-10200 zone and it's all good.
Lose 10200-10160, and I get worried.
Note
I could see this making one more shakeout towards the 10250 pivot level if it doesn't breakout above until the daily close in two hours.Still not alarming as long as it doesn't close candles below 10200.
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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.