Bull break last night but only 1 resistance level and we do not have a volume spike and follow through.
This is keeping the bulls in control with the higher lows intact, but it is not convincing yet for daily continuation.
Bulls continue to impress holding up this long after the original break out has occurred however.
Also liking the 4 hour equilibrium on LTC currently forming. With a bull break out daily higher low will be set.
I will be entering LTC if we get a bull break, as the daily consolidation has cooled things off significantly.
Remaining patient. Bears are top fishing recent highs or waiting for supports to break before entering a position.
Bulls are using the 4 hour higher lows as a guide.
This is keeping the bulls in control with the higher lows intact, but it is not convincing yet for daily continuation.
Bulls continue to impress holding up this long after the original break out has occurred however.
Also liking the 4 hour equilibrium on LTC currently forming. With a bull break out daily higher low will be set.
I will be entering LTC if we get a bull break, as the daily consolidation has cooled things off significantly.
Remaining patient. Bears are top fishing recent highs or waiting for supports to break before entering a position.
Bulls are using the 4 hour higher lows as a guide.
Checkout our full trading resources online www.chartguys.com
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social
Improve your TA with our free ebooks chartguys.ac-page.com/lp-all-ebooks?utm_source=tradingview&utm_medium=social