Bullish engulfing going through the 10 EMA when making a retracement. The most recent volume in the bullish candle also toppled previous bear volume amounts. (Notice what has happened with this kind of signal in the past on the Weekly)
It can definitely still retrace back to the 10ema for sure, but I would start looking for buys on the D and 4h.
What a great time to be alive, and an even better time to be a good spectator.
This is just the start of what we are about to see in August. Welcome to rocket season.
It can definitely still retrace back to the 10ema for sure, but I would start looking for buys on the D and 4h.
What a great time to be alive, and an even better time to be a good spectator.
This is just the start of what we are about to see in August. Welcome to rocket season.