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RSI = L1 Grid Normal (transition) Bearish reversal pattern
Price = L1 Grid Frenzy (overbought) L2 Grid Solitude (oversold)
Analysis - break through and rally back to the "ice line", bullish pennant
Conclusion - USA USA USA, Wyckoff rules for a continuation pattern require a quick follow through to the upside and cause is being built I believe for a move to the upside
Action - Buy trailing stop
RSI = L1 Grid Normal (transition) Bearish reversal pattern
Price = L1 Grid Frenzy (overbought) L2 Grid Solitude (oversold)
Money Flow = na
Stochastic RSI =L1 Grid Solitude (oversold)
Analysis - break through and rally back to the "ice line", bullish pennant
Conclusion - USA USA USA, Wyckoff rules for a continuation pattern require a quick follow through to the upside and cause is being built I believe for a move to the upside
Action - Buy trailing stop
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