I like the upside movement we are seeing on the daily chart, but unless we get above the $4190 level I see a stall back to the trend line that makes up the bottom of the triangle.
The ADX is still increasing on a day over day basis, so maybe another flux of buyers comes in and launches this thing.
I still think the trend line on the bottom of the triangle holds and the red arrow to $5000 remains my target.
Happy Trading!
The ADX is still increasing on a day over day basis, so maybe another flux of buyers comes in and launches this thing.
I still think the trend line on the bottom of the triangle holds and the red arrow to $5000 remains my target.
Happy Trading!