Description
⋅ 1. So far price still uptrend movement in the channel.
2. Price still test EMA50 15min.
Expect sideway movement to form reaccumulation or distribution pattern.
5min :
1. Price breakdown EMA50 multiple times but back up again = Strong buyer still have upperhand
2. EMA12 still above EMA50 = uptrend
Comment
⋅ Trading opportunities?
Big candle, Low volume near EMA12
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⋅ Sustain above trading range or break below?
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⋅ Price below EMA12+EMA50.
EMA12 below EMA50
Price now still in ranging mode