Currently found support in 4HR OB after run up. If this holds we have a HL and should see first target of at around 10-12% of entry as a bounce play
-increased volume looking good in this area
-at previous lows since bull run (accumulation zone)
-could be forming a rounded bottom
-orange zone at top in 3D OB resistance, dont see us blasting through that on the first go
- may see a retouch of orange zone in the formation of double bottom.
-stop below previous low with enough space just in case of stop run.
*Always set your own entries, stops and targets. This is only a guide and my personal TA
-increased volume looking good in this area
-at previous lows since bull run (accumulation zone)
-could be forming a rounded bottom
-orange zone at top in 3D OB resistance, dont see us blasting through that on the first go
- may see a retouch of orange zone in the formation of double bottom.
-stop below previous low with enough space just in case of stop run.
*Always set your own entries, stops and targets. This is only a guide and my personal TA