IMO, big boys don’t want to pull back too low and kill the momentum while the whole V is quite hot at the moment. Forming handle like your chart will cost them more to push up later.
Better go a sideway for 1-3 days to let MA10 and MA15 catch up a little bit, washing out loose hands and ST profit takers. And then slowly climb up, waiting news coming to blow.
Show us your POWer, page-81
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