Price has failed to break below the support/demand zone.
As you can see price has been respecting this area for quite sometime.
If you look at the weekly time frame, you will notice where I have the listed as the neckline is where price broke below that minor former support area. I am expecting price to possibly "retest" this area.
Price has began it's push to the upside. I'm looking forward to price to ultimately test the resistance/supply area.
As you can see price has been respecting this area for quite sometime.
If you look at the weekly time frame, you will notice where I have the listed as the neckline is where price broke below that minor former support area. I am expecting price to possibly "retest" this area.
Price has began it's push to the upside. I'm looking forward to price to ultimately test the resistance/supply area.
Nota
I meant to update this. I forgot but price is moving in the expected direction
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.