1hr. ADX is in trend (bullish) but decaying, so momentum should be observed, whilst eyeing an oscillator for signs of life: Wave Trend nearing overbought and MACD is about to complete a bearish cross with the StochRSI bullet primed to come back to earth. I would assume, if no FA variables change this, we will bounce off of the Trend 3 base (dotted purple line), and continue in that upwards direction as things develop. However, if buying volume does come online right now, we'll be out of Trend 2 and bouncing along its roof as we make our way out the overall down trend (T1).
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GLTAVH
VEC chart, page-1045
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