We are back inside the Keltner channel. checked!
We are making a huge daily bullish hammer candle. In progress!
We are above the 21 weekly EMA.
What do we need next to keep the market bullish?
If we make another big impulsive movement then we need a proper correction.
Going parabolic would cause the cycle to end too early.
The 21 daily ema is now current resistance overlapped with the inv 78.6 fib for double reinforced resistance. if this h&s triggers its breakdown here the measured move breakdown target is 22k What's more is the ever-important 21 weekly ema on the weekly timeframe(not shown here) is exactly overlapping the breakdown target for the h&s at 22k also overlapping the...
