$TRADOOR Update 📉📉
Although we are still in a strong uptrend and price continues to hold firmly at the dPOC, multiple take profit signals have appeared around the TP area.
Additionally, both RSI and MACD indicators are not supporting further upside momentum.
If the bulls don’t step in soon to reclaim and flip the $8.72 level, I expect the price to pull back toward the Golden Zone at $5.5 - $5.8.
At that area, I anticipate a minor bounce back toward the dPOC to retest this level once more before the next directional move is decided.
View by Cafe trading
Although we are still in a strong uptrend and price continues to hold firmly at the dPOC, multiple take profit signals have appeared around the TP area.
Additionally, both RSI and MACD indicators are not supporting further upside momentum.
If the bulls don’t step in soon to reclaim and flip the $8.72 level, I expect the price to pull back toward the Golden Zone at $5.5 - $5.8.
At that area, I anticipate a minor bounce back toward the dPOC to retest this level once more before the next directional move is decided.
View by Cafe trading