Price closes well over the 1617 marker sending us to 1650 before correction sets in.
Good signs so far as we hold above 50EMA which is the more critical short-term EMA indicator.
H4 MACD convergence has also extended slightly which could be enough to limit a sellout phase.
Another daily priceline (blue) has been added at 1634 for today's close goal.
www.tradingview.com/chart/gDBkksfy/
Good signs so far as we hold above 50EMA which is the more critical short-term EMA indicator.
H4 MACD convergence has also extended slightly which could be enough to limit a sellout phase.
Another daily priceline (blue) has been added at 1634 for today's close goal.
www.tradingview.com/chart/gDBkksfy/
