The Gaussian channel has also been a support in previous bull markets, whilst tested we have not fallen into it; once the bull scenario had started. Even in the May dump.
It was entered once, during the virus dump ¬¬
We are holding:
* trend line, still on the weekly.
* Gaussian entry holding.
* EMA 55 close.
Reconsider my bias if these listed structures fail.
As coinskid says, the greater the re-trace, the greater the impulsive pace (unless this is a double top market).
It was entered once, during the virus dump ¬¬
We are holding:
* trend line, still on the weekly.
* Gaussian entry holding.
* EMA 55 close.
Reconsider my bias if these listed structures fail.
As coinskid says, the greater the re-trace, the greater the impulsive pace (unless this is a double top market).
Bullish re-test.