We are finding support from the VPOC and 21D EMA. Impulse wave consolidation ABC seems complete and has made a falling wedge. Dip back to the yellow TL for liquidity pickup is possible, but i would consider continuation to the orange TL and hopefully the flag tgt more likely. Hopefully after the flag tgt is met, we will consolidate above the orange TL for a backtest of the breakout.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.