EJ is also still in a range.
Price Broke the Low with momentum creating the V-reversal..
Ended in a small candles with wick - showing some weakness..
If price stays here a created a range I would be looking for a continuation downward..
If price reverse and created an Ascending Channel on the break of Major High
I would be looking for a good reversal..
And if price shows some good strong momentum break on either side
I would be happy to look for continuation setup.
Price Broke the Low with momentum creating the V-reversal..
Ended in a small candles with wick - showing some weakness..
If price stays here a created a range I would be looking for a continuation downward..
If price reverse and created an Ascending Channel on the break of Major High
I would be looking for a good reversal..
And if price shows some good strong momentum break on either side
I would be happy to look for continuation setup.