BarnBridge (BONDUSD) produced a 100% bullish breakout today, recovering 3 months of losses/bearish action in a single day, just a few hours.
This strong action pushed prices above EMA50 and EMA100 on the daily timeframe, this is likely the beginning of what is about to take place.
A 100% jump within hours is really strong.
This is not a squeeze, this is the market waking up.
This can lead to weeks, months or even years of sustained growth.
We never see this type of action in a bear market, we only see this in the recovery phase before a major bull-run.
Namaste.
This strong action pushed prices above EMA50 and EMA100 on the daily timeframe, this is likely the beginning of what is about to take place.
A 100% jump within hours is really strong.
This is not a squeeze, this is the market waking up.
This can lead to weeks, months or even years of sustained growth.
We never see this type of action in a bear market, we only see this in the recovery phase before a major bull-run.
Namaste.
Comment:
There is more... It can go to 9/10 short-term and then some more.
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