TOTAL3 Bullish Shark
• Bullish shark formed with the recent market dip. Invalidation will be a close below 510B.
• Bounced from the VAL, 563B serving as a strong support. Has entered 24% Fib level, but still unable to sustain trading above 38%.
• Retest on 24% Fib level is a possibility before trying to enter golden zone and try breaking POC to trade within the EMAs.
• TFO still in oversold zone but is already trying to reenter neutral zone.
Key break points to WOF:
• 661B
• 687B
• 703B
• 726B
• 754B