After a slow week another setup
1.Break of long term trend line
2.Break of strong RES level.
3.Numerous tests to try break back through trend line to down side but previous RES acting as support now
4.Bullish engulfing taking out the past 20 hours of price action
1.Break of long term trend line
2.Break of strong RES level.
3.Numerous tests to try break back through trend line to down side but previous RES acting as support now
4.Bullish engulfing taking out the past 20 hours of price action
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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.