Validated confluences
1.Weekly/Monthly Trend line broken
2.Resistance broken Support valid
3.Trend Trading
4.Profit margin 1:6 (Rounded)
5.Bottom Bollinger Band on daily timeframe above support zone which validates that there is major obstruction in and around the level
Price action filled gap but did not have enough bullish power to go above and beyond
1.Weekly/Monthly Trend line broken
2.Resistance broken Support valid
3.Trend Trading
4.Profit margin 1:6 (Rounded)
5.Bottom Bollinger Band on daily timeframe above support zone which validates that there is major obstruction in and around the level
Price action filled gap but did not have enough bullish power to go above and beyond