Here we see the 13ema showing support. Now we must wait for a clear break above as they could form a mini M for motion and drop lower.
Look to the 15m 50 ema and see if there is notable volume….I would show you. But I want you to become familiar with the practise of “hunting for intention”
Brinks box has initiated a stop hunt low.
Look to see if there is a red Vector at the highs of this pullback.
Chances they have taken an opportunity to add more longs by taking out liquidations of previous longs to the move up.
Will keep you posted
T
