Mid term position
Strong volume to start the move is a good indication of continues upside. Looking price to reach nearest high (buyside) pass 165 level.
Note
rally being halt due to quarter result not attractive for it to be a catalyst. May want to see towards the end of SeptemberNote
overall idea still bullish due to price not falling down below .085. Expect a consolidation between those prices to collect volumeNote
note* every long bull run needs a base to start before the hike. the stronger base is the more likely people to buy in.
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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.