F Downtrend Breakout
On F, we have bounced off the POC (Point of Control) Monday and found our way out of the downtrend channel.
No gaps left behind to fill which is also a good sign.
We have some support on this run up (green line) which we are following to our target, which is set at 16.00 - heavy volume on the volume profile.
I have yet to see some good volume come out of the breakout so be cautious
No gaps left behind to fill which is also a good sign.
We have some support on this run up (green line) which we are following to our target, which is set at 16.00 - heavy volume on the volume profile.
I have yet to see some good volume come out of the breakout so be cautious
Penafian
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