IWM: 3Bar Play Watch on Daily timeframe
-Supporting evidence for risk on scenario
-Double Bottom
-MACD breached 0 line with
upward slope & ascending positive
histogram
-Potential to complete gap fill to 184.06
if it doesn't consolidate or reject.
- POC of VPVR on retested and break above
-Rejection of KL 181.75 sees KL back to
178.49, 175.38
-Bias: Neutral to Bullish
-ATR: 4.45, Beta 1.01, IV 31.17%
-Supporting evidence for risk on scenario
-Double Bottom
-MACD breached 0 line with
upward slope & ascending positive
histogram
-Potential to complete gap fill to 184.06
if it doesn't consolidate or reject.
- POC of VPVR on retested and break above
-Rejection of KL 181.75 sees KL back to
178.49, 175.38
-Bias: Neutral to Bullish
-ATR: 4.45, Beta 1.01, IV 31.17%