Context:
After a nice rallie , we rejected a former middlepoint @1.135x , price tunred down and broke a demandline
formed a indecsion and cleared it to the downside , we have found some minor support @1.1135 ,
if that level fails to hold we head back to test the broken resistance @10200
signs of strength:
uptrend
broken resistance
signs of weakness:
rejection of MP
broken demandline
series of lower highs and lows
After a nice rallie , we rejected a former middlepoint @1.135x , price tunred down and broke a demandline
formed a indecsion and cleared it to the downside , we have found some minor support @1.1135 ,
if that level fails to hold we head back to test the broken resistance @10200
signs of strength:
uptrend
broken resistance
signs of weakness:
rejection of MP
broken demandline
series of lower highs and lows
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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.