I'm seeing a similar pattern to the last big push and consolidation. If it repeats the same we are about to have a big pump. RSI similarities as well. We have been pinging off the same spot that has resulted in the previous pumps. A stop loss below the yellow dotted would probably be a good idea. A lot is unpredictable currently with everything in turmoil obviously. 55/200 EMA profile even looks similar. Time will tell. (Blue drawn line is just an example of what may unfold if history repeats again)
Disclaimer: Trade at your own risk, I am not a professional. I'm simply sharing my thoughts.
Disclaimer: Trade at your own risk, I am not a professional. I'm simply sharing my thoughts.
Trade active
Comment:
Having a little breakout atm. Should go to white resistance if nothing else I imagine. Just watch it as it gets close to it.
