Looking at the weekly chart and thinking about potential end of week setups if we get really nasty UE and GDP data today.
There was a plethora of buyers at this level and it lines up well with the parallel channel support. Ideally you would wait for price to enter the green box and then exit up to confirm the move. I don't go long unless it proves to me it's emerging out of the box.
There was a plethora of buyers at this level and it lines up well with the parallel channel support. Ideally you would wait for price to enter the green box and then exit up to confirm the move. I don't go long unless it proves to me it's emerging out of the box.