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Morning Trading April 13, page-204

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Hippohodlermus

1,231 Posts.

101

13/04/23

20:59

Post #: 67264720
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Originally posted by mirren: ↑

I am just going to point out that it has broken up above it's previous high just a whisker above the original wick - so my assumption would be it consolidates and perhaps retests the top of the original candle body ... Not sure if it has any reason to continue higher here FA wise or not - so yes watching if it breaks up or down from the current tight range -

Daily-

Hourly - nice trade from open from has pulled back slightly again - if it does hold up high and break above then it is bullish - however - I guess the question is here how much is it worth etc etc and how long will it take to do etc - so if it were me - I would watch and wait to see what it does here cause chances are it won't necessarily just sprint away here - it has had a huge run - so perhaps trade the range carefully ...

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Thanks Mirren
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