Arcturus testing ICE and 3 other lines from above - BULLISH
Here we see a test of an absorbtion. The test is were 4 lines come together. One of them is an ice line and the line were bearish absorption ttok place and was absorbed by bulls. This one is very very bullish. It can take time, but it will go up very fast. This is more likely. But be careful, if the channel is left to the downside, it will we the oposite, so very bearish. Allways put StopLosses below absorbtion chanels like this one - 5 % below would be good.
Note
it shortened -> i am in
Note
Russel vs. S&P500
-13:00 German Time > Big Market Maker went in
-relative strength went up
-channel is left to the upside
-expansion from this mornnig till now
-ARCT is a small cap > it will bring wind in here and a potentially strong uplift
Note
double bottom 32,82 USD
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.