Bulls in full control right now with uptrends on the weekly, daily, 4H and hourly charts.
When we lose the hourly uptrend, we look for a 4H higher low,
When we lose the 4H uptrend we look for a daily higher low.
I personally will hold my swing positions as long as we are in a daily uptrend.
The odds of a bull break over $13.8k vs. a weekly lower high continue to favor a bull break every higher high we push to.
We have now had 10% follow through from the daily equilibrium break.
At this point we pretty much would need to see a high volume bear attack out of nowhere to derail the bulls.
When we lose the hourly uptrend, we look for a 4H higher low,
When we lose the 4H uptrend we look for a daily higher low.
I personally will hold my swing positions as long as we are in a daily uptrend.
The odds of a bull break over $13.8k vs. a weekly lower high continue to favor a bull break every higher high we push to.
We have now had 10% follow through from the daily equilibrium break.
At this point we pretty much would need to see a high volume bear attack out of nowhere to derail the bulls.
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