Broke out but it has become a wild Loop-the-Loop shakeout with long wicks in both directions.

This can simply be a wipe-out to remove traders with stop losses / liquidation points and may not be significant to the overall trend.

An so this appears to be ok though not really desirable as long as it doesn't start falling below support.

If it does I will probably reduce my position.

But this potentially can be a wild consolidation of support to move on up 👍.
Trend Analysis

We're into the post FED interest rate cut blow off phase for risk on markets🥳.

I have many great deep value opportunities ❕

Many Trade Ideas Every Day 📈

Regular videos ✨.

Telegram Group: $50 per month 👍🏻.

Contact: t.me/dRends35
يعمل أيضًا:

إخلاء المسؤولية