Context:
the down channel has been broken after price found support @7876 , will this initiate
a further rallie ? , well first we need to take out the current resistance @79400ish
any rejecion at this level and we might test current support @7876 again , and we price
may be a lil rangebound.
signs of strenght:
support
broken downchannel
signs of weakness:
downchannel
the down channel has been broken after price found support @7876 , will this initiate
a further rallie ? , well first we need to take out the current resistance @79400ish
any rejecion at this level and we might test current support @7876 again , and we price
may be a lil rangebound.
signs of strenght:
support
broken downchannel
signs of weakness:
downchannel
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.