I'm out of Short fellas!
Tide seems to be turning...
Proof!
So, first of all, Daily candle has reached S3 (Blue Line) on Daily Chart as you can see and bounced of it right away.
Secondly, Hourly TF doesn't look great for Bears anymore. Blue line dropping below other lines and candles suggest reversal is soon to come. These lows today actually may be the lows for this Week.
As KeenPips says: I could be wrong.
Tide seems to be turning...
Proof!
So, first of all, Daily candle has reached S3 (Blue Line) on Daily Chart as you can see and bounced of it right away.
Secondly, Hourly TF doesn't look great for Bears anymore. Blue line dropping below other lines and candles suggest reversal is soon to come. These lows today actually may be the lows for this Week.
As KeenPips says: I could be wrong.
1
1