Just bounced for a second time off of the kijun. Possible confirmation of falling wedge trend line support and subsequently the reversal of the short term pullback and continuation of the underlying upward trend. If it holds support at this level it will take off like a rocket to the top of the cloud. If it breaks out of the cloud, move your stop up target 1. Look for RSI to close over 50, bullish cross and volume to confirm reversal. Set stop tightly below kijun.
Keeping a very close eye on this. Enough interest will keep this updated. Please let me know what you think. Thanks.
Keeping a very close eye on this. Enough interest will keep this updated. Please let me know what you think. Thanks.
Comment:
hold tight boys.