here we see a trend on the ic that was downtrading. we have retested the previous resistance now know as support. (The violet line). The trend is still under the cloud which means its a bearish market. we are hoping to see a reversal once the trend line is in between the cloud which means unsure of what the market wants to do, We will start seeing a bullish momentum once the price is above the IC. I will update this chart on Friday. DYOR

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.