Context:
The indecision got cleared to the upside on increased momentum, price is currently on its way
to test the "mean" of a Major downchannel , any rejection or break on this level will give us
further insight on the future direction , for know the market acts strong ,
signs of strenght:
broken supplyline
broken MP
rejection of MP
indecision cleared to the upside
signs of weakness:
down trend
The indecision got cleared to the upside on increased momentum, price is currently on its way
to test the "mean" of a Major downchannel , any rejection or break on this level will give us
further insight on the future direction , for know the market acts strong ,
signs of strenght:
broken supplyline
broken MP
rejection of MP
indecision cleared to the upside
signs of weakness:
down trend
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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.