consolidation breakout - 3 min & 1 hr S2 Break on weekly CPR
3 minute candle daily CPR movement need to confirm the downward moment. 1) if 3 min candle open below S1 and retest then a good movement can be expected.
2) If the 3 minute candle opens above R1 or SMA 200 with good green candle then can see a consolidation or a bounce back
the analysis which i shared is purely based on my analysis. do your own research. any suggestion or rectification kindly comment below.
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