Green humps = potential support.
If price is going through one of the MLH's, we expect price to
a) first pull back to it (often twice)
b) go to the next MLH/CL
Actually, if price stops at the L-MLH, we can probably see a pullback up to from where it came = 177/180.
P!
If price is going through one of the MLH's, we expect price to
a) first pull back to it (often twice)
b) go to the next MLH/CL
Actually, if price stops at the L-MLH, we can probably see a pullback up to from where it came = 177/180.
P!
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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.