We are at resistance .. AGAIN
So be careful
So be careful
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A close below 50% of today's bar is a micro divergent bar...
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We've just broken the 50% level
All we have to do now is close on the daily below it to have a confirmed Micro Divergent bar
All we have to do now is close on the daily below it to have a confirmed Micro Divergent bar
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So what is a micro divergent bar...
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The candle just closed at almost exactly 50% so I would classify that as more indecisive then bearish
That's it for tonight I guess
That's it for tonight I guess
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And....
We have broken the lows .. finally
We have broken the lows .. finally
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The UML of the pitchfork is currently acting as support
Next support is TS
Then the KS
Then the ML where we should expect some important action if we break the 3 levels of support mentioned above
Next support is TS
Then the KS
Then the ML where we should expect some important action if we break the 3 levels of support mentioned above
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Comentário:
The power of the PanOptic Method...
Have a nice weekend
Have a nice weekend
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We broke the high and are back at the resistance line
We should expect a reaction here
We should expect a reaction here
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Also, how price will react now will tell us a lot about what to expect next
So today's candle is really important
So today's candle is really important
