In the two hour time frame, a triangular formation is forming, and price is starting to move down from the upper green trendline.
On the bottom, there is a trendline highlighted dotted yellow, which was formed at the initial pullback from the 43K highs. I believe it may retest this line in the near future. Will probably bounce off?
So short near term scalping range.
Still looking bullish in the daily range.
On the bottom, there is a trendline highlighted dotted yellow, which was formed at the initial pullback from the 43K highs. I believe it may retest this line in the near future. Will probably bounce off?
So short near term scalping range.
Still looking bullish in the daily range.