Daily RSI is at levels it hasn't seen since 2016. This obviously isn't especially bullish, but these oversold conditions sets this up for a great relief rally lotto.
So far the pitchfork has been respected and the gap to 318 has been filled.
The risk/reward seems too good to pass up.
So far the pitchfork has been respected and the gap to 318 has been filled.
The risk/reward seems too good to pass up.
Trade closed: target reached:
Nailed it! Closed for now and looking for consolidation and retest of the pitchfork breakout!