TRST on the daily timeframe in a tightening equilibrium, Friday saw a big bull move on a tweet about a potential beverage deal in the coming months and traders took profit just below the daily key resistance. It looks like our lower high is now in at 12.88 and bulls will regroup and look to form a higher low above 11.52.
The hourly chart is unclear where we see a big bull move one candle and the whole move being given back the next. Key short term support is 12.84 and we will be watching on Monday as the price action plays out and gives us a clearer picture of our new setup.
The hourly chart is unclear where we see a big bull move one candle and the whole move being given back the next. Key short term support is 12.84 and we will be watching on Monday as the price action plays out and gives us a clearer picture of our new setup.