As I suspected, with the EMA's 29, 50, 100, converging on the EMA 200, the price has risen above all 3 and is now acting as support.
This is good, as we can now feel pretty comfortable as we trek up to that 234 line.
Whether or not we break through that line will determine whether or not we'll get another retest of the 220's range.
This shouldn't fall beneath 220.
Thanks and good day all.
Entry 216
Breakout or bust 234.74
Target 252
This is good, as we can now feel pretty comfortable as we trek up to that 234 line.
Whether or not we break through that line will determine whether or not we'll get another retest of the 220's range.
This shouldn't fall beneath 220.
Thanks and good day all.
Entry 216
Breakout or bust 234.74
Target 252
Active 30m:
4h with big fib retrace visible:
cheers<3