Daily support bounced, hourly consolidation breakout soon

2024年5月12日

Watching the hourly for a breakout further north off this EMA. Risk is clear with a stop at the bottom/under the consolidation batch of candles to the left. An EMA break here would see a pretty gnarly move down, so be careful, use your stops and move em up.

2024年5月13日

ノート

The hourly dropped hard straight to the green trendline support. Daily not looking great if we give back this entire move. Though the volume has been low so far, there is a wee chance we recover the move and make new highs. Confirming the daily trend change.