Price struggles to keep above 3900 dropping us back within the correction support zone.
Fortunately PA held in for 50EMA alignment though unfortunately strengthening resistance.
Avoid closing D1 near the dashed red line which could trigger a shooting star and early reversal.
Our main focus should be a weekly close at 3900+, keeping in mind that price has been very bullish lately so another touch off 4k may be all we get (for now).
www.tradingview.com/chart/gDBkksfy/
Fortunately PA held in for 50EMA alignment though unfortunately strengthening resistance.
Avoid closing D1 near the dashed red line which could trigger a shooting star and early reversal.
Our main focus should be a weekly close at 3900+, keeping in mind that price has been very bullish lately so another touch off 4k may be all we get (for now).
www.tradingview.com/chart/gDBkksfy/
