ESCERAM : Shakeout phaseC
Price currently been trading in phase C accumulation zone, price action seem to shaking out weak holder before moving higher.
to be confirm this shakeout validation price must make a secondary test and confirm with demand increasing.
As for now im expecting price might rebound toward 0.5 level which is the resistance.
0.390 level acting as immediate support and the next support will be at 0.355.
yellow line is strong RBS.
im watching for trading opportunity.
to be confirm this shakeout validation price must make a secondary test and confirm with demand increasing.
As for now im expecting price might rebound toward 0.5 level which is the resistance.
0.390 level acting as immediate support and the next support will be at 0.355.
yellow line is strong RBS.
im watching for trading opportunity.
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