On the Daily Chart a few positive observations for SOLUSD looking forward:
- SOL is bouncing of .786 FIB line like clock work. - SOL has mean reverted and then some. - SOL Making higher lows - SOL Trend has changed upwards
Assuming this level holds I think we are bound for SOL changing directions in a positive way going into the new year.
Trade active
Making higher lows and looking strong on the daily, I am still very bullish here.
Note
Bullish flag formed with the higher lows, showing on the 4hr chart about 2 1/2 days left for us to see a breakout hopefully to the upside.
Trade closed: target reached
Broker out of bullish flag! Successful breakout and took profits where I needed to. But, trend is still up, so if I was able to would be still in the trade.
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