The base of the yellow bounce zone from my last post provided support for price. Price touched the gray resistance, and we are now in corrective mode.
We haven´t had a breakout yet, but my primary scenario considers we´re in the first leg of a new upswing. A break of 0.023 resistance reinforces this path.
Invalidation at previous low of 0.01483
We haven´t had a breakout yet, but my primary scenario considers we´re in the first leg of a new upswing. A break of 0.023 resistance reinforces this path.
Invalidation at previous low of 0.01483
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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.