I am opening a scalp long position that I may continue to add onto over time.
we've broken out and entered back into our Keltner Channel, a sign of a price reversal.
Our momentum indicators, MACD and TSI are showing a consolidation of price action at the bottom of the KC.
We see a small indication of a local floor on the Vix Fix Finds Market Bottoms.
I believe we will retest for the top of the KC and 50-day EMA line (dark red).
we've broken out and entered back into our Keltner Channel, a sign of a price reversal.
Our momentum indicators, MACD and TSI are showing a consolidation of price action at the bottom of the KC.
We see a small indication of a local floor on the Vix Fix Finds Market Bottoms.
I believe we will retest for the top of the KC and 50-day EMA line (dark red).
