Test of breakout at 34697. If 34697 is supported, will look for long opportunity / long on retracement. The indecisiveness presented on weekly/daily bar may result in a whipsaw market. Trade with care.
Price reaction levels Short on Test and Reject | Long on Test and Accept
36446 35518 35206 34697 33734 33383 32737 32036
Weekly: Average volume up bar closing in middle = Indecisive Daily: Average volume up bar closing on middle = indecisive H4: Average volume Upthrust bar closing at low = weakness.
Remember to like and follow if you find this useful.
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.