Looks like the slide has given way, can't say we have seen huge volume on that push down - optimist says that good, but meh. looks like we are not in reversal according to 1m Ashi candles, you can see every one of those pinch points playing out perfectly all morning
Might converge now with VWAP (blue line) and see a few go through at 2.8 - I expect 2.8 to act as a small resistance here as the day traders who "messed up" seek to close out in the afternoon rally.
RSI has been oversold all day so makes sense to come up for some air?
Close mid to high 2s? 3+ if we see FOMO kick in - unless someone drops a bomb in the arvo to really rattle people overnight lol so we can do it all again tomorrow
