Price is above the daily EMAs and I anticipate their crossing.
Indicators are supporting the price movement with no bearish divergence present.
Buying volume came in and created a bullishly divergent low on the daily.
Volume gap above price to 570 area and POC around 700.
Entry is marked: 480. Soft Stop 444. Total account Risk is 0.6% currently, with the option to add to position.
Targets marked (blue). Will update as market moves.
Position is Active.
Indicators are supporting the price movement with no bearish divergence present.
Buying volume came in and created a bullishly divergent low on the daily.
Volume gap above price to 570 area and POC around 700.
Entry is marked: 480. Soft Stop 444. Total account Risk is 0.6% currently, with the option to add to position.
Targets marked (blue). Will update as market moves.
Position is Active.