As we clearly see, we're sort of inside an ascending channel with the higher highs and higher lows forming.
Now, price has pulled back to an area of support, a possible higher low.
Entering long, to see this bullish momentum kick in to create a double top and possibly reverse.
We're at a daily resistance too, so we should watch out for stop hunts.
Now, price has pulled back to an area of support, a possible higher low.
Entering long, to see this bullish momentum kick in to create a double top and possibly reverse.
We're at a daily resistance too, so we should watch out for stop hunts.
Note
We hit target on this on. It was structured and well played
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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.