MOnthly chart looking bullish. TD Sequential initiated a buy signal as soon as Price action took out the wick high of the previous month. 3 days to confirm a green 2 above a green 1 bullish trade. Stochastic bullish crossed and bounced off the bearish zone.
Comment:
Long at the $9350ish retest, candle body high. Monthly close above here will print a higher high in the monthly chart. It will be a good pivot point.
Comment:
Question is, where will the local swing high be? $10500? $10800? Too early to say if whether TD count will reach TD9 but its a good start printing a bullish trade.
Comment:
expect a red 3 count next month, will be a good retest wherever it may end up printing a local swing low candle body as support.
