Moderate action today leading to an inside bar after a rotation from previous build up to resistance.
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Waiting for a retrace of Monday's candle would allow for a greater entry, however with Thursdays and Fridays momentum a signal for continuation like this might not see much of a retrace.
Target is a safe distance from the next support area, obviously any price action before this target may signal an earlier exit.
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Waiting for a retrace of Monday's candle would allow for a greater entry, however with Thursdays and Fridays momentum a signal for continuation like this might not see much of a retrace.
Target is a safe distance from the next support area, obviously any price action before this target may signal an earlier exit.
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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.