JP225 where to now?
As you can see the grey box is a clear area of liquidity for both holding support and resistance. Flip the grey box and we see a good move up imo. This happens to sit right near the 0.5 retracement which is also a very important level of interest.
I will continue to monitor volume closely as it is compressing into a narrow channel and it is only a matter of time before we get an indication of where price may be heading.
I will continue to monitor volume closely as it is compressing into a narrow channel and it is only a matter of time before we get an indication of where price may be heading.
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