Basically been in an extended downtrend since the SPAC merger in
'21. I have seen sporadic bullish news fundamental wise but those I take with a grain of salt.
What has really snagged my attention is we broke out of the falling wedge on the weekly, made a lower low, catching out people who took the breakout early, we bounced up, double topped, generating some decent liquidity above those 5-6 highs to our immediate left.
On top of that when we came in for the 2nd bottom we put in a pretty clean accumulation schematic, volume jiving on cue.
Daily P pattern on the TPO, bull flag on the 15, the more I look, the more I like it.
Much love and good luck!
'21. I have seen sporadic bullish news fundamental wise but those I take with a grain of salt.
What has really snagged my attention is we broke out of the falling wedge on the weekly, made a lower low, catching out people who took the breakout early, we bounced up, double topped, generating some decent liquidity above those 5-6 highs to our immediate left.
On top of that when we came in for the 2nd bottom we put in a pretty clean accumulation schematic, volume jiving on cue.
Daily P pattern on the TPO, bull flag on the 15, the more I look, the more I like it.
Much love and good luck!
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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.