-The price broke the support line but couldn't stand for a long time,and it came back trending between our resistance and support lines.
-There is high probability that the price will touch the resistance as it did in the previous.
-The hammer candlestick formed at the actual price reinforce our prediction.
-Then there is a high possible pull back after it reach our target.
Not that this is not a 100% prediction accuracy.
If you like this analysis,please hit like button ;)
Good luck !
-There is high probability that the price will touch the resistance as it did in the previous.
-The hammer candlestick formed at the actual price reinforce our prediction.
-Then there is a high possible pull back after it reach our target.
Not that this is not a 100% prediction accuracy.
If you like this analysis,please hit like button ;)
Good luck !