Hammer forming on the daily chart. I picked up some at this level already, watching the close today. Potential hammer reversal. First target is 20 MA (blue), currently at 10750
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Hammer enough? Let's see, very volatile still.
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UP
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Target 20ma @ 10900
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20MA hit
Expecting dip
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re-bought
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100ma support, last chance for bull run a la 2016 here
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The 4hr 20ma was sold off, which is a bearish signal.
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Things looking good, let's see what happens over the next few days. Hopefully will stabilise here.
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This is where the first testing resistance is (see channel main chart). Profits here are slim so I will hold for breakout perhaps next week or sell at below breakeven.
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*... sell below at breakeven lol
