CONFLUENCE
Weekly chart indicates a continuation of a downtrend with the trend line although showing strong bullish pressure. The daily chart showed recent higher highs and lower lows but still respected the bearish trend line but hasn't broken any recent support created.
The yellow dot in the zone been watched which is also acting as a support and a bullish trend line on the daily time frame. Break and retest of that zone will be confirmation of a sell while a hold of that zone will be a confirmation of a buy which is my BIAS!
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Please share your comments and follow for more of my ideas! Warmate cares.
The yellow dot in the zone been watched which is also acting as a support and a bullish trend line on the daily time frame. Break and retest of that zone will be confirmation of a sell while a hold of that zone will be a confirmation of a buy which is my BIAS!
.
Please share your comments and follow for more of my ideas! Warmate cares.
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