Long demand wicks for the last few days, with the 200EMA potentially acting as support and 50EMA along with previous resistance converging, buy pressure would have to be immense to cross. Green box shows hugebuy pressure at the long wicks with resistance turning to support on the LTF.
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.
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.