following back on this uptrend from yesterday, short sellers had a very difficult time to contend against the buy side of things
what we are seeing at the moment is a pullback at the moment, retrace to the 38.2, which has been known for more aggressive buy side and continuation
no signs of a divergence to suggest any reversal at the moment,
trendline is still in play, another rejection candle that follows the trendline
expecting another round of uptrend, short sellers be careful
we have a 92% chance of upside tonight
what we are seeing at the moment is a pullback at the moment, retrace to the 38.2, which has been known for more aggressive buy side and continuation
no signs of a divergence to suggest any reversal at the moment,
trendline is still in play, another rejection candle that follows the trendline
expecting another round of uptrend, short sellers be careful
we have a 92% chance of upside tonight
Note
There was a moment of battle between buy and sells, but the buy side still stronger at the rejection area, keep going 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.
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.