Technical:
- Monday Price made a bullish engulfing candlestick on the 3H showing bullish power because price broke the previous weekly low
- Tuesday daily candlestick closed out bullish, showing again signs of bullish power
- Price for two das didn't break its previous lows of Monday as price on the lower timeframes like the 4H -15min shows price consolidating and retesting the D/50 and W/50 Fibonacci levels showing price plans to trade long
- Monday Price made a bullish engulfing candlestick on the 3H showing bullish power because price broke the previous weekly low
- Tuesday daily candlestick closed out bullish, showing again signs of bullish power
- Price for two das didn't break its previous lows of Monday as price on the lower timeframes like the 4H -15min shows price consolidating and retesting the D/50 and W/50 Fibonacci levels showing price plans to trade long
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.