@jonah123 Happy new year
EVR 5.8 weekly consolidating across in the range of the top green candle. In theory this consolidation does not even qualify as a pullback until it breaks below the bottom of the highest green candle. At this stage it is just a consolidation until price breaks above the top of the highest green candle or breaks below the base of the highest green candle.
EVR 5.8 daily chart Also trading within the top green candle trading range and should head back up to test 7 cents and try to break above the 7.3 cent swing high mark. The good thing about the daily chart is that the wicks of the Heiken Ashi candles are above the candle bodies which means there is some strength to the move higher at present.
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- Day traders' New Year's lounge Dec 31 - Jan 3
Day traders' New Year's lounge Dec 31 - Jan 3, page-70
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