Last post: June 3rd. See chart.
Review: Price had bounced off support and the bulls were very much in control but some distance off a breakout.
Update: Price reversed and the bears have pulled price back to the same pivot support level forming a potential double bottom.
Conclusion: Continuing to apply patience until the May high is cleared.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading
Review: Price had bounced off support and the bulls were very much in control but some distance off a breakout.
Update: Price reversed and the bears have pulled price back to the same pivot support level forming a potential double bottom.
Conclusion: Continuing to apply patience until the May high is cleared.
Any comments or questions, do not hesitate to leave them below. Give us the thumbs up if you share our sentiments!
Sublime Trading