Hello everyone,
Hope you're staying safe out there and not dying of boredom! Looking to take some profits in this area, but I'm still neutral at the moment. We are obviously still very bullish, but looking at the 1H some divergence and we haven't been oversold since the 1st. We might see a test of the 50 and 200 MA soon. I feel like the bulls are trying to test the 200 on the daily, this is my main target. With how the market has been moving it is possible. If you like my idea please give a like and a comment below thank you!
Hope you're staying safe out there and not dying of boredom! Looking to take some profits in this area, but I'm still neutral at the moment. We are obviously still very bullish, but looking at the 1H some divergence and we haven't been oversold since the 1st. We might see a test of the 50 and 200 MA soon. I feel like the bulls are trying to test the 200 on the daily, this is my main target. With how the market has been moving it is possible. If you like my idea please give a like and a comment below thank you!