This looks like a pretty good area for a long. It has room to run within the descending wedge and historically this support has been pretty solid. Think we will see something like this over the next couple days/weeks... Good luck!
Why get subbed to to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
ONTUSD 4D: BEST Level BUY/HOLD 350%+ gains (SL/TP)(NEW)...
TRADE WHAT YOU SEE NOT WHAT YOU THINK. THE YELLOW ARROWS INDICATE A FALLING WEDGE NEUTRAL BULLISH
THE PURPLE INDICATE AN INVERSE HEAD AND SHOULDERS REVERSAL BULLISH BUT ALSO A QUICK BEAR MOVE BEFORE GETTING A REVERSAL CANDLE
THE WHITE ARROWS INDICATE TRIANGLE BOTTOM BULLISH ONLY
Wish you could see the future?
Like and Sub...
Never Trust. Verify.
DYOR . Not Financial Advice Just an Observation.
Always remember: Technical Analysis is not about being right, it's about increasing your odds.
Be prepared to be wrong. Risk management is key . Capital preservation above all else.
Yet another example of Accumulation... Question is; was the last dip the SPRING or is the spring still to come? I don't know the answer to that question, but what I do know is this: If the spring is still to come, My truck will be all backed up, ready and waiting...
Are you enjoying the content?
Like & Sub & I'll keep the free content coming!