Context:
the broken support turned resistance , but there is no clear path resulting in this action
and therfore price finds itselff yet again in an inedecision mode , and its how that
indecision resolves itself in order to speak of either continued weakness (breakdown) or
returning strenght (breakout)
signs of strenght:
uptrend
signs of weakness:
strong selling pressure
broken support turns resistance
the broken support turned resistance , but there is no clear path resulting in this action
and therfore price finds itselff yet again in an inedecision mode , and its how that
indecision resolves itself in order to speak of either continued weakness (breakdown) or
returning strenght (breakout)
signs of strenght:
uptrend
signs of weakness:
strong selling pressure
broken support turns resistance
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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.