After a sustained down trend I think we're starting to see the potential of a turn around. Given how price has consolidated at the 2018 spike low before breaching and consolidating again, this is a good turn around formation.
In terms of a bullish play we'll either see a break back above the 2018 low and hold or we'll just get a bullish spike, so look for momentum to jump in if that happens.
Check out my blog
RuckSack.Medium.com
In terms of a bullish play we'll either see a break back above the 2018 low and hold or we'll just get a bullish spike, so look for momentum to jump in if that happens.
Check out my blog
RuckSack.Medium.com
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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.