Broadly speaking, the candle fell slightly along the downward trend of thick sky blue, but did not go down to the downward trend line. It is going up along the yellow upward trend as before. For a good move, you have to climb above the thick purple upward trend, and the faster you go up, the higher the probability of successful retesting.
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.