BLUR Consolidating For Next Leg
BBLUR
Price action is bullish remaining well above the 100ema and consolidating inside of the local range high/low.
Nothing wrong with this chart, even if we get some volatility over the coming days.
Failed reclaim of the range eq (red zone) for the 3rd time now. I like to see range eq's reclaimed as my version of 'confirmation' before taking an entry, so nothing different with BLUR.
More consolidating would be bullish imo, as we have already reclaimed a major level (green) which should set the base level for our next leg up.
Path on chart for what I anticipate.
Cheers,
Vatsik
Price action is bullish remaining well above the 100ema and consolidating inside of the local range high/low.
Nothing wrong with this chart, even if we get some volatility over the coming days.
Failed reclaim of the range eq (red zone) for the 3rd time now. I like to see range eq's reclaimed as my version of 'confirmation' before taking an entry, so nothing different with BLUR.
More consolidating would be bullish imo, as we have already reclaimed a major level (green) which should set the base level for our next leg up.
Path on chart for what I anticipate.
Cheers,
Vatsik
Vatsik
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