As we try to make sense of the market via TA, and after posting many ideas (And those ideas evolve over time), given my bullish bias towards this asset class, I believe we are still in a solid up-trend, and forming "healthy" market structure here with some consolidation and forming a bull-flag continuation pattern. There are bearish-divergences appearing on the RSI, so I can see a potential move lower with some support at 53,200 and 51,300. If those fail to hold, then 49,700 would likely be the next support. My bias leans towards the potential path outlined above.
Zlecenie aktywne:
Flag still valid
Komentarz:
Breakout confirmed :)
*Not Financial Advice*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
