Looking at a nice corrective pulse wave here.
Wait for a confirmation off the 50 day EMA.
Wait for a confirmation off the 50 day EMA.
Comment:
I would wait until we break 1/1 retracement on the Gann Fan before you look to take a position here.
At which point, it'll also cross the 20SMA on the BB so we'll have double confirmation of a price reversal.
Set your stop at previous low once we take this reversal
At which point, it'll also cross the 20SMA on the BB so we'll have double confirmation of a price reversal.
Set your stop at previous low once we take this reversal
Testing support!