Price has failed to break below the support/demand zone.
As you can see price has been respecting this area for quite sometime.
If you look at the weekly time frame, you will notice where I have the listed as the neckline is where price broke below that minor former support area. I am expecting price to possibly "retest" this area.
Price has began it's push to the upside. I'm looking forward to price to ultimately test the resistance/supply area.
As you can see price has been respecting this area for quite sometime.
If you look at the weekly time frame, you will notice where I have the listed as the neckline is where price broke below that minor former support area. I am expecting price to possibly "retest" this area.
Price has began it's push to the upside. I'm looking forward to price to ultimately test the resistance/supply area.
Comment:
I meant to update this. I forgot but price is moving in the expected direction
