- Complete 5 impulsive waves for a long downtrend.
- Finally having some significant rebound with Volume Profile accumulated around the bottom.
- Currently probably on-going some retracement.
- Waiting for the MA50 and MA20 to be nicely set up.
- Having green bar upon a bad trading day seems like selling pressure is going off.
- Good point for accumulation with tight stoploss around the pivot low.
Disclaimer:
For discussion and sharing purpose only. NOT buy or sell recommendation. Trade at your own risk.
#TAYOR