A remarkable bounce from the lows. Despite the lack of material interest, a momentum attack is in the air and it cannot be shaken off. From here till the end of 2021 there are some nice swings ahead.
After breaking back up, buyers won back the tempo. Note how sellers did not make use of the discovered 'C' target lows and how they got tangled up among their own?
... then of course the breakout came....
Tightening the noose !!!
After bulls took back $3,000 the highs have been unlocked - it should lead to momentum. Here looking to clear partial profits on the test of our $3540 pivot.
After breaking back up, buyers won back the tempo. Note how sellers did not make use of the discovered 'C' target lows and how they got tangled up among their own?
... then of course the breakout came....
Tightening the noose !!!
After bulls took back $3,000 the highs have been unlocked - it should lead to momentum. Here looking to clear partial profits on the test of our $3540 pivot.
Trade closed: target reached:
TP1 hit
Comment:
A quick chart update here ...
Trade closed: target reached:
TP2 hit!
