Just taking a look at the hourly chart and it looks like the bulls broke through resistance, but the bears were able to push them back, for now at least. Every time the bears push the price down, the bulls push it right back up to the edge.
This is bullish IMO. It gives bears less liquidity to slow down the move upwards when the range is so tight. It will be interesting to see how things unfold.
Watch for high volume at the end of the session.
"The clock is ticking bears. Join us! JOIN THE LIGHT! DO IT FOR GLORY!" 🤣
This is bullish IMO. It gives bears less liquidity to slow down the move upwards when the range is so tight. It will be interesting to see how things unfold.
Watch for high volume at the end of the session.
"The clock is ticking bears. Join us! JOIN THE LIGHT! DO IT FOR GLORY!" 🤣
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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.