If in the trade from lower blue line, then take 50% profit now.
The rest of the trade will be analyzed separately.
I expect the next leg up to be just as quick as the last leg. We can see bullish action at the central red line on the 5 minute chart. See below. There is little selling so far.
The rest of the trade will be analyzed separately.
I expect the next leg up to be just as quick as the last leg. We can see bullish action at the central red line on the 5 minute chart. See below. There is little selling so far.