Quick update:
The POC of the rise just moved up.
Staying below the POC (the red line) and losing 19.8k (POC of the bigger range) could trigger a larger drop.
We could still push higher and break 20.5k to take liquidity then drop, but we first need to reclaim this local POC at 20.2k to see more upside.
Any questions?
Good luck traders
Remember not to break your rules
Habib
The POC of the rise just moved up.
Staying below the POC (the red line) and losing 19.8k (POC of the bigger range) could trigger a larger drop.
We could still push higher and break 20.5k to take liquidity then drop, but we first need to reclaim this local POC at 20.2k to see more upside.
Any questions?
Good luck traders
Remember not to break your rules
Habib