Massive selloff is finally showing green recovery on a 3day time frame.
Current range based off a daily chart is high of 170 and low of 95. A 44% spread.
Now we need to find entry on lower timeframe.
I'm looking at breakout at 141.77 I look to add long.
If failure to break I'd wait to add long for a potential retest around the 120s
3day for now is in favor of recovery. Let's walk with it as we could be looking for a long term position to add to.
Current range based off a daily chart is high of 170 and low of 95. A 44% spread.
Now we need to find entry on lower timeframe.
I'm looking at breakout at 141.77 I look to add long.
If failure to break I'd wait to add long for a potential retest around the 120s
3day for now is in favor of recovery. Let's walk with it as we could be looking for a long term position to add to.
