The price is currently hovering between 2 price levels that were established as a range back in July 2020.
We can see a triangle that needs to complete. Two possible points of entry scoped out.
I would have preferred to enter this when the 200MA was flipped a few weeks ago, ideal entry point.
There's a gap to fill and I do think the momentum is likely to be upwards.
Action: Monitor the chart and keep an eye on how this develops. Look further into FA
We can see a triangle that needs to complete. Two possible points of entry scoped out.
I would have preferred to enter this when the 200MA was flipped a few weeks ago, ideal entry point.
There's a gap to fill and I do think the momentum is likely to be upwards.
Action: Monitor the chart and keep an eye on how this develops. Look further into FA
Comment:
Down we go. I will be filling my bags at the 10.8 support if we get there.
Comment:
Right - I've added a bid near the 10.8 support. I think it'll be frontrun before we get there so I've gone a little higher. Let's see how this plays out.
Trade active:
I bought this support.