Yesterdays bounce with gap is almost certainly a short covering rally at phi relation taken from 3 significant pivots.
It essentially provides buyers with a short window to get out with a small amount of grace.
Most likely service will be resumed to the downside and that gap will fill.
That said I'm not a financial advisor and your trades have nothing to do with me.
It essentially provides buyers with a short window to get out with a small amount of grace.
Most likely service will be resumed to the downside and that gap will fill.
That said I'm not a financial advisor and your trades have nothing to do with me.
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TNXP will trend to the next relevant fib before another bounce which will most likely be a long way down.
Not advice.