Updated
SHOP - high confluence bounce
Just a chart I found interesting. High confluence bounce.
- previous pivot high resistance level of $372.36.
- the 38.2% retracement of the swing from the bottom of the trend-channel.
- 20 period daily EMA
- center of the channel
- previous pivot high resistance level of $372.36.
- the 38.2% retracement of the swing from the bottom of the trend-channel.
- 20 period daily EMA
- center of the channel
Note
Shop held support, looks like it wants to push up
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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.