Daily: Price failing to create an equal or lower low at 130.659. 4h: Candlestick closed as doji (indecision) with a higher top wick at the bottom of a downtrend. 1h: Minor double bottom on 1hr LL followed by a sell-to-buy structure.
Confluence 1. Equal low or lower low failure 2. High wick indecision candle at downtrend 3. sell-to-buy structure 4. Bullish RSI divergence (price making LL, RSI making HL)
Technical Keys Arrow Line: solid: most probable move dashed: possible move
Horizontal lines - midpoint/decision point (supply/demand) These are plotted based on a price midpoint: top wick meets previous bottom wick/bottom wick meets previous top wick = supply meets demand, demand meets supply.
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