🐳 Hey what's up! Wishing everybody well as always, been a while but this is my busiest month of the year by far no doubt so I'll be posting frequently as possible but don't expect daily as usual, likely won't get back into that until the new years but who knows, we'll see!
🐳 Anyway I won't waste your time so let's just dig in and look at the chart in front of us. From observation the markings I left in place from the last idea have done their duty as usual and proven well for us in price action so hopefully you guys kept posted with those! And if not this is your sign to!
🐳After my last idea we broke above that 0.39 mark and managed to hold it for a bit even hitting 0.41 before retracing which is completely understandable. We then fell below that 0.39 mark and well you see the result so even though we've lost out 200 EMA substantial progress has been made to recover it by the bulls but whether or not that succeeds will be the next test no doubt. Should they regain the 200 EMA and regain it firmly at that it should be the catalyst we need to progress back up by which 0.39 will act then as a resistance when we try to progress up so watch for that as well and the support of 0.379.
🐳Leaving it at this but if you like these observations you're more then welcome to leave a like and follow or share! Anything is appreciated as always of course and I'm wishing nothing but the best to all! Thank you for tuning in as usual and let me know if you guys think of me making a telegram channel for everybody here.
~ Rock '
🐳 Anyway I won't waste your time so let's just dig in and look at the chart in front of us. From observation the markings I left in place from the last idea have done their duty as usual and proven well for us in price action so hopefully you guys kept posted with those! And if not this is your sign to!
🐳After my last idea we broke above that 0.39 mark and managed to hold it for a bit even hitting 0.41 before retracing which is completely understandable. We then fell below that 0.39 mark and well you see the result so even though we've lost out 200 EMA substantial progress has been made to recover it by the bulls but whether or not that succeeds will be the next test no doubt. Should they regain the 200 EMA and regain it firmly at that it should be the catalyst we need to progress back up by which 0.39 will act then as a resistance when we try to progress up so watch for that as well and the support of 0.379.
🐳Leaving it at this but if you like these observations you're more then welcome to leave a like and follow or share! Anything is appreciated as always of course and I'm wishing nothing but the best to all! Thank you for tuning in as usual and let me know if you guys think of me making a telegram channel for everybody here.
~ Rock '
