5M compression / release which blew past the 15M and
is speedily closing the EMA patterns on the 30M and 1H.
Still, at this point, it is a stretch to call this 'a major reversal'
while the 4H and Daily EMAs are still widely separated. More
like a bubble bursting on the 30M and 1H. Their EMAs are
still separated but gathering... all in an upward direction.
Just my unorthodox view.
Dr. D.
is speedily closing the EMA patterns on the 30M and 1H.
Still, at this point, it is a stretch to call this 'a major reversal'
while the 4H and Daily EMAs are still widely separated. More
like a bubble bursting on the 30M and 1H. Their EMAs are
still separated but gathering... all in an upward direction.
Just my unorthodox view.
Dr. D.
Attached Image