As illustrated, Im trying to visualize a falling wedge pattern into the 50% retracement of Monday's impulsive push, for what could be a potential buy point to continue the uptrend.
Nothing to get fancy about. This is just a chart analysis based on a potential corrective pattern that could take place within the next 24 hours and into tomorrow's NY session.
It could be NY to make the strong bounce tomorrow THU with the unemployment news as catalyst.
Remember; news don't mean anything. They are just gas / power for the market to distribute and manipulate (find liquidity) ...
..
GOOD LUCK
Nothing to get fancy about. This is just a chart analysis based on a potential corrective pattern that could take place within the next 24 hours and into tomorrow's NY session.
It could be NY to make the strong bounce tomorrow THU with the unemployment news as catalyst.
Remember; news don't mean anything. They are just gas / power for the market to distribute and manipulate (find liquidity) ...
..
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.