We now have some solid confirmations:
Cycle-wise:
1. Price has broken above the first trendline and is currently above the second one and the 10 SMA (wait for the daily close).
2. The @financecamel indicator has confirmed the DCL.
3. Weekly DSS Bressert is about to close.
Liquidity-wise:
1. Bullish BBs are being respected, signaling a shift toward bullish momentum.
2. The recent impulse is creating new MTF BBs that could act as bullish continuation points.
Cycle-wise:
1. Price has broken above the first trendline and is currently above the second one and the 10 SMA (wait for the daily close).
2. The @financecamel indicator has confirmed the DCL.
3. Weekly DSS Bressert is about to close.
Liquidity-wise:
1. Bullish BBs are being respected, signaling a shift toward bullish momentum.
2. The recent impulse is creating new MTF BBs that could act as bullish continuation points.
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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.